Went to researching the situation in Ecuador tonight and boom: Ecuador agreed to transfer more than half its gold reserves to Goldman Sachs Group Inc. for three years to give the government easier access to cash: http://www.bloomberg.com/news/2014-06-02/ecuador-sends-gold-reserves-to-goldman-sachs-in-liquidity-hunt.html
Michael DuVally, a spokesman for New York-based Goldman Sachs, declined to comment. Central Bank President Diego Martinez didn’t respond to requests made through the bank’s press office seeking more information on the transaction.
Damn. Goldman Sachs is up in everything all over the world. Welcome to modern times, I guess.
See, it’s shit like this that makes me wonder if I’m not better off navigating from within the U.S. after all. At least here I speak the language. Ugh. Gets to feeling like a no-win situation no matter where a person turns. Everything’s gone global now. *sigh*
I’ll keep looking into it though. Because something’s gotta give.