RE:Molybdenum over $25Moly at $27.32
Moly has a huge 12 year cup formation on the charts and is starting to break out and form the handle, so it may have substantial room to run over the next year. It's a similar chart formation to that of silver but moly is a thinly traded commodity and there's laws regarding how many future contracts can be opened like most commodities. Market makers can't "tamp down" the price like they can in gold and silver which are exempt from these restrictions and usually have outrageous open interest to underlying physical metal of 200:1 or greater.
I mean maybe if moly gets too wild the LME can cancel orders and suspend trading like they id wit nickel if they wanted to further lose any and all credibility.