Sunday, January 15, 2012

"Early Gold Arbitrage"

We have over 1300 feeds in various readers and terminals and it's about time I started introducing them to our readers.

From Frontrun the Delta:
"When I was settled in London, the East India Company had £800,000 worth of gold to sell.  I went to the sale, and bought it all.  I knew the Duke of Wellington must have it.  I had bought a great many of his bills at a discount.  The Government sent for me and said they must have it.  When they got it, they did not know how to get it to Portugal.  I undertook all that and I sent it to France; and that was the best business I ever did."
-Nathan Rothschild, ~1811