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EXCLUSIVE: Malcy, Columbus & Reabold presentations - Video Webcast Here

EXCLUSIVE: Leo Koot, Exec Chairman, Columbus Energy speaks at London South East's Oil & Gas event
EXCLUSIVE: Stephen Williams, Reabold Resources speaks at London South East's Oil & Gas event


Glencore Share Chat (GLEN)



Share Price: 311.65Bid: 312.75Ask: 312.90Change: 0.00 (0.00%)No Movement on Glencore
Spread: 0.15Spread as %: 0.05%Open: 316.45High: 321.85Low: 309.25Yesterday’s Close: 311.65


Share Discussion for Glencore


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billybigwig
Posts: 10,057
Opinion:No Opinion
Price:311.65
RE: UT close
Today 12:49
Another 4 weeks we'll either be broke or smiling. ..I'm taking no bets :-( gonna spend Sunday polishing my guitar ready for use just incase I have to start busking ... again!
 
Retour_du_Renard
Posts: 2,915
Opinion:No Opinion
Price:311.65
RE: UT close
Today 10:34
It seems all Miners were down today with the odd exception here and there even though most metals had a great day.

Clearly Trump's threats spooked the market and I think combined with the 'Friday Softening' people are too nervous to stop in over the weekend.

I don't think it was anything particular. This will not start recovering until this China situation provokes some talks between the 2 parties.
Bottled
Posts: 635
Opinion:No Opinion
Price:311.65
RE: Ref: divi
Today 08:40
Thanks Billy for replying, sounds jolly sensible and a sterling plan! agree with you on The CFD’s also too old for the stress and anxiety of that! ATB Bottled.
billybigwig
Posts: 10,057
Opinion:No Opinion
Price:311.65
RE: Ref: divi
Today 08:33
Bottled.no cfds for me I'd get into a lot of trouble very fast and yes I've traded a lot over 30 years with my own money ....way way too much stress for me to handle now ...so at the moment I've got a few companies I'm invested in with very good % I like taking the divis it's easier than sitting at a screen all day ...life's for enjoying plus my cholesterol has gone back to normal :-) CFDs would kill me I think now it's a young man's game that and only for a short while
Bottled
Posts: 635
Opinion:No Opinion
Price:311.65
RE: Ref: divi
Fri 23:20
Billy
I take it you a LTH, not trader, same as I am. Do you trade? If so do you trade using CFD’s?
ATB Bottled
billybigwig
Posts: 10,057
Opinion:No Opinion
Price:311.65
RE: Ref: divi
Fri 18:39
Pete.it's a long term hold or a traders delight trade the drops long term holders sit back rake the divi snd wait the world isn't going to stop people will still want cars ships planes wheat...we won't see a stock market crash it's all ballacks
Scfc
Posts: 3,445
Opinion:No Opinion
Price:311.65
UT close
Fri 16:38
...was 311.65p, so down 1.61% on the day...even copper rising by c2% today was no help to the SP. ATB, Scfc
Just_My_Opinions
Posts: 10,441
Opinion:No Opinion
Price:310.60
RE: Trump $500 Billion
Fri 15:05
Lost,

A 25% drop isn't a lot for a miner, they go down just as fast as they go up when things go wrong. I've said that loads of times, when the going's good it's very good. When it's bad due to the leverage they don't take long to lose a lot.
Just_My_Opinions
Posts: 10,441
Opinion:No Opinion
Price:310.60
RE: Trump $500 Billion
Fri 15:04
But again China has the most to lose, but with no elections to worry about. I reckon it's going to go on for a while. China's economy whilst it's slowing... it's still growing strongly. It will take ages for their data to be affected, that's if they tell the truth, which many believe they don't.
Just_My_Opinions
Posts: 10,441
Opinion:No Opinion
Price:310.75
RE: Trump $500 Billion
Fri 15:01
So basically the two leaders are waiting to see who blinks first. I have no idea who will then. Trump back tracks (slightly) when he messes up. I can't see his ego allowing him to back down on the trade war, something that he started.
Retour_du_Renard
Posts: 2,915
Opinion:No Opinion
Price:311.00
RE: Trump $500 Billion
Fri 14:48
JMO - It's quite obvious that they are talking in the background when you look at this link.

https://uk.investing.com/news/economy-news/china-says-its-clear-who-is-right-and-wrong-in-trade-row-with-us-1251798

The problem here is China knows Trump's tactics. The playground bully has met his match.

The US business community, who have become globalised, securing their growth and profits, are also becoming worried about Trump's tactics as the this is starting to come home to roost and the benefits look limited in the short term.

In short Trump needs to calm down on the rhetoric. He's clearly thinks President Xiu will fall for his juvenile 'Art of the Deal' nonsense.
LostSanity
Posts: 154
Opinion:No Opinion
Price:310.15
RE: Trump $500 Billion
Fri 14:36
Well haven't we had a crash with Glencore stock? It is down 25% from the recent 416 high

Trade wars, US/UK investigations, getting fleeced by sketchy governments where we operate.
Hard to see the upside.
Just_My_Opinions
Posts: 10,441
Opinion:No Opinion
Price:310.35
RE: Trump $500 Billion
Fri 14:29
China said they won't back down, but they have the most to lose. Personally I don't think they will, they have no elections to worry about.

So this is going to get nasty. I think he's doing it rapidly to get it over and done with quicker. I reckon it will see him up towards the end of his term. If he hasn't won by then he won't get a second term. If he's won and America is growing after taking back trade from China he'll get a second term.

But I don't think he will get it done on time, trade wars take ages.
Retour_du_Renard
Posts: 2,915
Opinion:No Opinion
Price:310.40
RE: Trump $500 Billion
Fri 14:29
Other than the brilliant Ron Paul. Nearly every other guy/gal on that video represents a Gold trader.

This is the problem with the doom gloom videos. I agree with that they are saying but they have been saying it since 2012.

My feeling is that the crash will come next year around March. I think Trump has seen the markets at an all time high but has underestimated how fragile and nervous they are before thinking they 'can lose 5%' .

Notice he allows a couple of days of recover and they bludgeons them

He should use the proper channels and not just spam his nonsense using a hungry sensational media.
Retour_du_Renard
Posts: 2,915
Opinion:No Opinion
Price:310.50
RE: Trump $500 Billion
Fri 14:17
You only lose money when you sell. I haven't sold.

Although I agree with what he is doing in principal. They way he's going about it is the most unprofessional way ever.

I think he's pushing his luck. China are not North Korea or France. They contributed 50% of the global GDP last year.

I think this is about to blow up in his face a little like the Putin visit did.
Just_My_Opinions
Posts: 10,441
Opinion:No Opinion
Price:310.70
RE: Trump $500 Billion
Fri 14:14
Just_My_Opinions
Posts: 10,441
Opinion:No Opinion
Price:310.45
RE: Trump $500 Billion
Fri 14:14
The market's due a crash anyway mate (statistically speaking)
Just_My_Opinions
Posts: 10,441
Opinion:No Opinion
Price:310.40
RE: Trump $500 Billion
Fri 14:13
He's an idiot to those losing money. (no offence mate)

He's doing the right thing, those sitting on the sidelines. Negotiating isn't working, the trade deficits are massive, and US Debt is growing faster than Gross Domestic Product.

Somethings got to change.
Retour_du_Renard
Posts: 2,915
Opinion:No Opinion
Price:311.95
RE: Trump $500 Billion
Fri 13:55
Every stock dropped at 11.05 on the nose.

This idiot will be the first president to crash the stock market in history. Just before the mid-terms.

I don't think Jim-bob is going to be too impressed with his 2018 statement.
Just_My_Opinions
Posts: 10,441
Opinion:No Opinion
Price:315.75
RE: Trump $500 Billion
Fri 11:54
Just_My_Opinions
Posts: 10,441
Opinion:No Opinion
Price:315.05
British Nationalism
Fri 11:35
This explains it all...

https://youtu.be/mfX3y_LRUYg
Just_My_Opinions
Posts: 10,441
Opinion:No Opinion
Price:315.10
Trump $500 Billion
Fri 11:35
Bottled
Posts: 635
Opinion:No Opinion
Price:318.90
RE: Ref: divi
Fri 10:46
Ifonly, it is quite likely that Cu will take a further hit over the trade war short term if it ramps up further. As and when the TW is resolved Cu should bounce back very quickly, not much is likely to happen before September, might be would looking at Other big Cu stocks as well as it soon could be a very good entry point in these, obviously depending on ones view on it! ATB Bottled
Retour_du_Renard
Posts: 2,915
Opinion:No Opinion
Price:318.50
RE: Special Divi
Fri 10:37
Folks, I'd be very surprised now with the DoJ action that they will announce a Special Div.

The one thing regulators hate is having their noses rubbed in it by companies.

Might not be right but I hope you can see the logic.
ifonly1
Posts: 2,985
Opinion:No Opinion
Price:319.45
RE: Ref: divi
Fri 10:27
billy on bloomberg this morning they are saying by 2022 and the years leading up the copper price will be on steroids !! best hold longterm i think.




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