My First Reaction To This NewsBe very, very WARY of Glencore.
Silver though presently in a painful bull market correction still trades at a profitable price of $22.50 lb. Zinc at $1.47 lb. is in nosebleed territory approaching all-time highs.
So why is Glencore selling?
I'm going to post at length about this deal in a few days when i've gathered my thoughts. Meanwhile let's see what the market thinks when trading resumes.