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Playlist: GLEN:xlon

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1:51
Copper is a short-term sell: Garnry
Peter Garnry
12 August 2016 at 7:31 GMT
1:05
Mining share Glencore trade view: Neighbour
Joe Neighbour
21 July 2016 at 7:05 GMT
4:06
Garnry: Why a risky long in Glencore could eventually strike gold
Peter Garnry
30 September 2015 at 10:18 GMT
1:31
Fasdal: Are markets heading for the perfect storm?
Simon Fasdal
29 September 2015 at 9:32 GMT
1:48
Hardy: How I'm trading this risk-off sentiment
John J Hardy
29 September 2015 at 9:10 GMT
2:59
Hansen: Volkswagen scandal drives down industrial metals
Ole Hansen
23 September 2015 at 10:04 GMT
3:33
Garnry: Volatility is nothing to be afraid of and here's why
Peter Garnry
03 September 2015 at 10:06 GMT
1:14
Buy mining shares
Lea Jakobiak
15 August 2013 at 7:44 GMT
Video / 01 September 2015 at 10:30 GMT

#SaxoStrats - Shorting Glencore as China slump brings prices down

Peter Garnry
Glencore may have seen its share price slump 60% in the last 12 months but the ongoing devastation of commodity prices on the back of weakening demand in China and Emerging Markets seems certain to keep that trend ongoing especially amid a global supply glut. 

Saxo Bank's Head of Equity Strategy Peter Garnry outlines why he's shorting Glencore shares, not just based on the gloomy commodity price but also on the company's balance sheet which is showing USD 44 billion debt against USD 28 billion market cap.

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