27.09.2013 - Why heavy institutional positions in the commodities market is cause for worry
Why is the US Federal Reserve looking into reviewing whether Goldman Sachs (GS), JPMorgan (JPM) and other banks can hold physical commodities such as gas, aluminum and the infrastructure in which to store them? Because of facts like these: a Euromoney article reports that according to the Aluminum Association, the US aluminum supply totaled 18.3 billion pounds (8.3 million tons) in 2009, with industry sources putting Goldman Sachs holding some 25% of it...............................................Full Article: Source
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