Some mornings a great headline catches your eye, and you just hope the story is good too. Well, this morning it is. We’ve poked fun at Goldman Sachs in the past; your Gold Enthusiast is quite fond of their “vampire squid” nickname, both for its picturesque invocation and for the many interesting stories that Goldman produced over the years. As it turns out, there is actually some logic to how Goldman went from basically a bit advisory service (with very high fees) to a major mover and shaker in the world of physical metals.
Today’s featured article describes the company’s arc in a very compelling way, without taking up too much of your time. And talks about where they seem to be heading today, which is always good to know. A good mix of information, well-presented and not too long is hard to find nowadays; most such articles are either too long or don’t give enough of the story. Let us know what you think about the vampire squid in the Comments!
Continue reading at Bloomberg.com