Monday, October 12, 2009

Chart of the day is....

...molybdenum, six month chart.
What? You mean there's suddenly more sellers than buyers in the world of Mo? More supply than demand in moly? What can it all mean, Otto?

Molybdenum is not a openly traded commodity, but people think it acts like one. Big mistake. Molly Denum is the fickle friend of the metals world; for a while you think you've found a soul-mate, then before you know it (and quicker than the rest), that fair-weathered gal Molly will whisper all the secrets you told her to her friends, stab you in the back, steal your boyfriend and leave you sobbing on a park bench somewhere. Beware of Molly and her siren's song.

DYODD