Commodity Derivatives Gutting Bad Guys
It started in the summer. Rumors of Glencore, Trafigura and Noble Group struggling to hang on to their credit ratings as downgrades to junk would have triggered huge counter-party ramifications. Rumors were flying when the CEO of Trafigura suddenly died in South America on the last day of the 3rd quarter.
I wrote about it many times and I expect more destruction to take place as the downgrades kicked in. Here's just one of many articles I wrote:
Glencore, Metal Derivatives, Conspiracies and the end Game
//www.roadtoroota.com/public/1655.cfm
That was two months ago. Since then very little was heard from these companies that are on the leading edge of PHYSICAL COMMODITY MANIPULATION.
All of a sudden they all hit the mainstream media today as the year ends...
Noble Group Cut to Junk by Moody's on Liquidity Concerns
http://www.wsj.com/articles/noble-group-cut-to-junk-by-moodys-on-liquidity-concerns-1451410703
With Stock At 15-Year Low, Freeport Co-Founder Walks Away With $80 Million Golden Parachute
http://www.zerohedge.com/news/2015-12-29/stock-15-year-low-freeport-co-founder-walks-away-80-million-golden-parachute
Predicting the Downfall of Glencore
http://www.iii.co.uk/articles/285619/predicting-downfall-glencore
This is where the Bad Guys will be taken out...the default on TRILLIONS in commodity derivatives cracking the backs of the banks and market riggers.
Keep and eye out for these companies as they fall harder and faster in the 1st quarter of 2016.
May the Road you choose be the Right Road.
Bix Weir
