blackrock

  1. pmbug

    Blackrock working for Federal Reserve

    https://news.bloomberglaw.com/banking-law/blackrocks-role-as-fed-adviser-confers-more-clout-than-fees https://www.bloomberg.com/news/articles/2020-05-21/how-larry-fink-s-blackrock-is-helping-the-fed-with-bond-buying?srnd=premium :mrt:
  2. pmbug

    BlackRock's Gold ETF (IAU) suspends new share issuance

    More: http://www.zerohedge.com/news/2016-03-04/blackrock-suspends-gold-etf-issuance-due-demand-gold If I'm reading that right, they have to acquire and hold a certain amount of physical gold to back the shares of IAU that they issue. Record demand has caused them to exhaust the number of...
Back
Top Bottom