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How the world's best trading firm is playing commodities
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Tuesday, November 03, 2009
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From The Pragmatic Capitalist:

It's no secret that Goldman Sachs has an enormously profitable trading operation. In the most recent quarter they reported an astounding $10B in total trading and investments. This represented 81% of the firms total revenues.

One of the most profitable arms of this trading operation is the commodity desk. Goldman's commodity calls are often market moving and always noteworthy. Their latest commodity positions reflect the firm's continued bullish outlook on the economic recovery...

Read full article...

More on commodities:

How to profit from the new natural gas cycle

These essential commodities are dirt cheap

HUGE gold story developing... investors are draining gold vaults

Topics: Goldman Sachs | Commodities
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