Glencore's Collapse Gives Commodities Their "Lehman Brothers Moment"

On Monday , European commodities and mining powerhouse Glencore had a very bad day, and its shares dropped 29%. Maybe you hadn't heard of Glencore before Monday. But I'd wager that, by the end of this year, everyone will know the name. Just like they know the names AIG, Lehman Brothers, and Bear Stearns. You see, what's happening with Glencore is an eerie, picture-perfect replay of what happened in the AIG meltdown of 2008. And what happens next is going to rock the entire market. We all have to move quickly on this one... Tags: glencore , Glencore collapse , Glencore stock , Lehman Brothers , Lehman Brothers moment 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's Collapse Gives Commodities Their "Lehman Brothers Moment" appeared first on Money Morning - We Make Investing Profitable .