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Millions of Tons of Metals Stashed in Shadow Warehouses -WSJ

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Millions of Tons of Metals Stashed in Shadow Warehouses -WSJ

Postby camtender » Fri Dec 27, 2013 11:26 am

http://m.us.wsj.com/articles/SB10001424 ... s&mobile=y

* Banks, hedge funds and commodity merchants are stashing tens of millions of tons of aluminum, copper, nickel and zinc in a hidden system of warehouses that span the globe. These facilities are known to some in the industry as "shadow warehouses" because they are unregulated and don't disclose their holdings.
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Re: Millions of Tons of Metals Stashed in Shadow Warehouses

Postby Copper Catcher » Fri Dec 27, 2013 12:57 pm

They must be talking about Adam Youngs again!
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Re: Millions of Tons of Metals Stashed in Shadow Warehouses

Postby GGerrands » Fri Dec 27, 2013 4:13 pm

haha! Somehow, "commodity merchant" under occupation has a much nicer ring to it than "I pick up aluminum cans on the side of the road." Yet both are accurate enough.
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Re: Millions of Tons of Metals Stashed in Shadow Warehouses

Postby AGgressive Metal » Fri Dec 27, 2013 7:34 pm

GGerrands wrote:haha! Somehow, "commodity merchant" under occupation has a much nicer ring to it than "I pick up aluminum cans on the side of the road." Yet both are accurate enough.



Haha, I love it. I'm going to start wearing a suit and tie to the scrapyard :lol:
And he that hath lyberte ought to kepe hit wel
For nothyng is better than lyberte
For lyberte shold not be wel sold for alle the gold and syluer of all the world
-Aesop's Fables, Caxton edition 1484

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Re: Millions of Tons of Metals Stashed in Shadow Warehouses

Postby everything » Tue Jan 07, 2014 9:57 pm

Looks like hoarding is coming back into style again, in even bigger ways.
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Re: Millions of Tons of Metals Stashed in Shadow Warehouses

Postby fansubs_ca » Wed Jan 08, 2014 4:44 am

AGgressive Metal wrote:Haha, I love it. I'm going to start wearing a suit and tie to the scrapyard :lol:


Be sure to bring your scrap in with a shopping cart when you do to further confuse them. :D
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Re: Millions of Tons of Metals Stashed in Shadow Warehouses

Postby chris6084 » Mon Jan 13, 2014 9:11 pm

Copper Catcher wrote:They must be talking about Adam Youngs again!


Adam is the one selling them all of the copper!
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Re: Millions of Tons of Metals Stashed in Shadow Warehouses

Postby SilverDragon72 » Fri Jan 17, 2014 9:13 pm

Copper Catcher wrote:They must be talking about Adam Youngs again!



Of course they are! Who else? :?
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