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China is the biggest threat to glencore ...A Chinese miner is set to overtake Glencore as the world’s top cobalt producer this year, as the rush for critical green-energy metals intensifies China is taking over the Congo at an alarming rate hmm no fooker on their case over brides and back handers 100% thats happening
Glencore has see a quid or lower twice in these last 11 years I've Been in it trading and long term holds all the way through both could it happen again who knows ...if the banks start doing domino's then anything can happen
Never say never :-(
123 I was using glencore as an example if no one can afford the product it stays on the shelf Glencore is not a forgone conclusion recession hits fook all will stay up the ftse will plummet...but on the plus side glencore is a traders delight if you time it right
Ade...I was
Best company in the world will do nothing in a recession if no one can afford to do projects that use these materials profit will soon become a debt with salaries to pay and mines arnt cheap to run there's palms to be greased and cogs to be oiled governments to be payed with brides and when the banking system tightens up even more, money will be expensive to borrow.. just wait till glencores cash cow is dropped..COAL let's see where the SP is then
Eviking its catching the thing ...
£4.50s I'm waiting for
Day ..glen likes to buy back dearer ..can we get an Amen :'(
Day yeah me too I'm trading the heck out of glencore I still hold BP
Day ..please dont tell you've not been trading glencore? And you just hung on and on
Ade .. the run may be finished for now but glencore is definitely not finished that's crazy thinking that mate as I said before take a chill pill look up some holidays take your mind off it until the drops stopped
Troajan wait till tomorrow and Friday :-(
Ade ..chill man if your not invested don't let it worry you, there's better things to worry about like booking your holidays with all that cash you've got :-))))
Eviking yeah me too mate bought some fixed rate bonds too
Eviking we've made enough money we do t need brown envelopes
Eviking..why would I join tbe crowd?
It'll be noah and is fooking ark next
Every fooker looking to get paid out from poor old glenda ....legal and general..and a raft of lawsuits ..what fooking next pestilence and locusts
Slight downgrade for glenda troajan and how high can the ftse 100 go?