Glencore Collapse Could Be Even Worse Than Feared

A lot of powerful voices have joined me in warning about the potential threat that Glencore Plc. (LON: GLEN) poses to global financial markets. Bank of America, for instance, has published a report on the true size of the fallout. As you'll see in a moment, it's staggering. But since we talked about Glencore late last month, something insane has happened: The stock has gone up. But not for any good reason. The company has not righted the ship. The surge is only due to short-sellers covering their positions. The ugly truth is, the company is still a "shining" example of exactly what's wrong with these markets. And I fear individual investors will get caught in the mess and wiped out on a stock like this or some of the others around it. That's why I want to call out the misapprehensions and lies that are causing this "fauxcovery" and show you what's next. Because it could end up even worse than I thought... Tags: GLEN stock , glencore , Glencore collapse , glencore collapse worse , Glencore stock To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Glencore Collapse Could Be Even Worse Than Feared appeared first on Money Morning - We Make Investing Profitable .