Thursday, March 6, 2014

The shell game by banks and the London Metal Exchange

Watching Bloomberg T.V this morning,they did stories on how bank are making packed on owning warehouses storing metals and this done through the London Metal Exchange.Boy a lot funny business in London,there's the Libor scandal there again things are manipulated for money.Now I been told the English were angry at America blame America for financial crises of 2008,citing loose regulation in America,but I think that's the pot calling the kettle black.
Anyway companies sometimes have to wait year to get there metals out of storage.Meanwhile the banks made mint by charging fee,storage fee.
Ukraine of course,is on everybody's mind,Putin is going try to built a Russian empire again and he needs Ukraine in his pocket but people say no way.Obama is weak leader,no sense of history,doesn't believe America is chosen land.No but fellows the chosen people to no were,a believe in wisdom of few the chosen,but these people fools and put themselve in harms way.

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