Is the Commodity Rout a Canary in a Coal Mine for Miners?

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by Bloomberg Video 3:45 mins

Sept. 28 -- Bloomberg Intelligence's Ken Hoffman and Bloomberg's Alix Steel update the latest commodities markets news. They speak with Bloomberg's Scarlet Fu on "Bloomberg Markets."

We wanted to share this video with you to see what your thoughts are on the continued commodity price depression and market capitalization melt downs of major mining firms like Glencore. We've also included some recent news article links about Glencore and their soaring debt load and crashing stock price. Do you think Glencore will still be a going concern twelve months from now? Let us know your thoughts in the comments.

Glencore slumps 30 percent as debt fears grow - Reuters

Should you fear a ‘Glencore’ moment? - CNBC

Hong Kong-listed shares of the Anglo–Swiss commodity giant crashed 27 percent on Tuesday, on the back of a 29 percent plunge in the company's London-listed shares in the previous session.

Glencore says it is 'operationally and financially robust' - BBC

Image credit: Reuters

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