Moly Price Fluctuations
Molybdenum price fluctuations have been common place for a while now. Since the collapse in 2008 that saw prices fall from $36 per pound down to $8 per pound, many analysts and investors have been looking for stability.
Articles Tagged "commodities"
Molybdenum’s decline leaves few strong contenders
Molybdenum prices have crashed from a high of $35 per pound at the end of October down to the recent level oft US $12 per pound. This represents the worst decline when it comes to commodity prices; a 53 percent drop to be exact.
Sign of the times, molybdenum ETF liquidates
In April 2007, when the Sprott molybdenum fund was created, the minor metal was on a fast track. When the fund was created the metal was trading consistently at US $25 per lb; after the ETF was up and running moly cruised to US $ 40 per lb.
Moly steady as market experiences a wild ride
The past week was arguably the most volatile in market history, however, molybdenum managed to continue its recent trend of holding steadfast despite the market’s hiccups. This was a week that saw stocks and commodities across the board plummet.
Molybdenum’s market value catches London Exchange’s eye
The London Metal Exchange will add molybdenum to its arsenal in the second half of 2009. The move was announced on Sept 4th, when the LME board voted in favour of adding both molybdenum and cobalt to its futures trading. The move was met with mixed reviews.
Molybdenum Continues to Shine
Commodities have been having a rough ride lately, but Molybdenum’s performance, although not stellar, has not been as bad as many of the other metals. People have been whispering that moly’s current supply/demand picture makes it one of the best metals to invest in.
Introduction to Commodities Investing
As with most investments there are risks and rewards associated with commodity investing, often in lock-step. Many investors hire experts to manage their money rather than doing the investigation required to increase the chances for success. But...
