Link; http://www.nytimes.com/2013/07/21/b...t-to-banks-pure-gold.html?pagewanted=all&_r=0
Basically many banks have begun buying all the factories that produce and distribute Aluminium. A desired Metal, from which Iphones and Macbooks are made of.
What the Banks do is that they have increased the weight time for companies to get a shipment of Aluminium from 3-4 months, to 16 months.
They drive these trucks of Aluminium through "check ups" between warehouses almost endlessly.
Why? Aluminium is a great product and near irreplaceable. For what purpose? Much like the diamond industry, they can manipulate supply and demand, and rise the prices. If it's suddenly harder to get a hold of Aluminium everyone has to pay more (Apple, Coca-Cola etc) to all the people in the banks who own these Aluminium factories.
What do you think? Could there be a link? Since Apple can't use another metal alloy with the same benefits as Aluminium, doesn't it make sense to make a cheaper more mass produced Plastic version, while keeping the Aluminium products in the higher pro-consumer bracket. They can make lot less of them, so they need a lot less aluminium compared to if every entry Iphone or Ipad was made from Aluminium. With a 200 Dollars less device, maybe only one/8th or one/10th of a device would be made from Aluminium, allowing Apple to get away from these banks chokeholds of a desired ground material.
Basically many banks have begun buying all the factories that produce and distribute Aluminium. A desired Metal, from which Iphones and Macbooks are made of.
What the Banks do is that they have increased the weight time for companies to get a shipment of Aluminium from 3-4 months, to 16 months.
They drive these trucks of Aluminium through "check ups" between warehouses almost endlessly.
Why? Aluminium is a great product and near irreplaceable. For what purpose? Much like the diamond industry, they can manipulate supply and demand, and rise the prices. If it's suddenly harder to get a hold of Aluminium everyone has to pay more (Apple, Coca-Cola etc) to all the people in the banks who own these Aluminium factories.
What do you think? Could there be a link? Since Apple can't use another metal alloy with the same benefits as Aluminium, doesn't it make sense to make a cheaper more mass produced Plastic version, while keeping the Aluminium products in the higher pro-consumer bracket. They can make lot less of them, so they need a lot less aluminium compared to if every entry Iphone or Ipad was made from Aluminium. With a 200 Dollars less device, maybe only one/8th or one/10th of a device would be made from Aluminium, allowing Apple to get away from these banks chokeholds of a desired ground material.
