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Rubber could bounce from the glove boom

Nirgunan Tiruchelvam
Nirgunan Tiruchelvam7/30/2020 07:00 AM GMT+08  • 4 min read
Rubber could bounce from the glove boom
"During the gold rush, it is a good time to be in the pick and shovel business." — Mark Twain
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"During the gold rush, it is a good time to be in the pick and shovel business." — Mark Twain

As the shares of glove makers skyrocket, a rubber rally seems imminent. Investors would be well-served to heed the lessons of an old British soldier.

Algy Cluff has made his money in North Sea oil and African gold. At 80, there is still much petrol left in his tank. He has just launched a new African oil venture after a glittering run as the Chairman of London-listed Cluff Gold.

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