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Aluminum as a financial asset — Who knew?

Posted on 14 February 2014

Aluminum was a wholesale market between large producers and large industrial customers such as Boeing or Procter & Gamble. Contracts were arranged bilaterally, the spot market was small, and the London Metals Exchange (LME) did not even list forwards on the metal until 1978.
But if we have learned anything since the late 1970s, it’s that there is no aspect of human existence that cannot be digitized or turned into some aspect of financial engineering or both………………………………………..Full Article: Source


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VRS - who has written 37583 posts on Opalesque Commodities Briefing.


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