May

5

Glencore (aka the metal men) IPO top ticks a number of markets within days. Not even Blackstone et. al had that kind of timing skill in the last cycle.

James Goldcamp writes:

And don't forget the tendency for central banks to move to an accumulative posture relative to the metals. Alas, the "convergence" of these types of indicators is too infrequent I would suspect to be of counting value.

Anton Johnson writes:

And let's not forget the guaranteed to happen yin yang of Zell's of near perfect timing vs. Blackstone, and his subsequent dinosaur endeavor.


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