Commodities are physical substances like grains, food and metals. An investment is the purchase of a financial product or other item of value with the expectation of favorable returns in the future.
Well, I prefer metals for preservation of my wealth. The question is what metal would you pick to preserve your wealth? Now the next thing to keep in mind is not to be biased in any way. That is, to buy a certain metal because someone tells you to, or to buy a certain metal because it is on an upward price trend or buy a metal because you read an interesting article on it.
#1 on my shopping list I look at is a the ability of a metal to actually promote or enable life of plants and animals on this planet. This means that you can actually grow food with it or grow trees. You can actually use the metal by sprinkling the powderized form on your soil and let the microbes in the soil slowly break down the metal and make it available for the plants to consume. Hydroponic or Aeroponic growing of food uses about 17 life giving elements that are added to the water to give complete nutritional support for plants.
Unfortunately, there are only 7 elements of the 17 needed for plants that are an actual "metal". These are called transition metals. Transition metals are known for their ability to conduct electricity, their hardness, high density, malleability (a material that can be worked with or hammered into flat sheets), ductility (able to be produced into a thin wire).
These 7 investment grade metals are Molybdenum, Cobalt, Copper, Zinc, Manganese, Iron, Nickel. Nickel is documented as a essential nutrient in some plants. Nickel is not used in some high-end hydroponic formulas.
#2 on my shopping list. I now have 7 transition metals that are used in growing food and are capable of being in my metal portfolio. But, I only want one metal. I will now consider the amount of this metal available on Earth. The next step would be the abundance of the metal or scarcity of it. Here is a list of these 7 metals and the amount in parts per million in the Earth's crust.
Molybdenum 1 ppm Molybdenum is most valuable here because of scarcity
Cobalt 25 ppm
Copper 60 ppm
Zinc 70 ppm
Nickel 84 ppm
Manganese 950 ppm
Iron 56300 ppm
#3 on my shopping list is the melting point. I want a metal that can withstand high working temperatures. There is something called metal "creep" and that is the expansion or deformation of metals when they start reaching temperatures near the melting point. I like metals that don't creep or change shape in high temperature conditions eg: Jet engines, Furnaces or anywhere where safety is priority.
Molybdenum has the highest melting point of any life giving metals. Molybdenum has the sixth highest melting point of any element on Earth, which is incredible!
Molybdenum 4753 Degrees Fahrenheit Melting Point
Iron 2800 Degrees Fahrenheit M.P.
Cobalt 2723 Degrees Fahrenheit M.P.
Nickel 2651 Degrees Fahrenheit M.P.
Manganese 2275 Degrees Fahrenheit M.P.
Copper 1984 Degrees Fahrenheit M.P.
Zinc 787 Degrees Fahrenheit M.P.
#4 on my shopping list. The metal is an investment so I Do Not want it to rust, oxidize or corrode. If this happens you can surely say goodbye to your investment. Molybdenum does not react with water or air at room temperature and will not corrode. Molybdenum will keep a beautiful lustre (silvery blue). Copper and iron are definitely OFF my shopping list in this category.
Research this incredible metal for yourself, it has many uses.
Well, I prefer metals for preservation of my wealth. The question is what metal would you pick to preserve your wealth? Now the next thing to keep in mind is not to be biased in any way. That is, to buy a certain metal because someone tells you to, or to buy a certain metal because it is on an upward price trend or buy a metal because you read an interesting article on it.
#1 on my shopping list I look at is a the ability of a metal to actually promote or enable life of plants and animals on this planet. This means that you can actually grow food with it or grow trees. You can actually use the metal by sprinkling the powderized form on your soil and let the microbes in the soil slowly break down the metal and make it available for the plants to consume. Hydroponic or Aeroponic growing of food uses about 17 life giving elements that are added to the water to give complete nutritional support for plants.
Unfortunately, there are only 7 elements of the 17 needed for plants that are an actual "metal". These are called transition metals. Transition metals are known for their ability to conduct electricity, their hardness, high density, malleability (a material that can be worked with or hammered into flat sheets), ductility (able to be produced into a thin wire).
These 7 investment grade metals are Molybdenum, Cobalt, Copper, Zinc, Manganese, Iron, Nickel. Nickel is documented as a essential nutrient in some plants. Nickel is not used in some high-end hydroponic formulas.
#2 on my shopping list. I now have 7 transition metals that are used in growing food and are capable of being in my metal portfolio. But, I only want one metal. I will now consider the amount of this metal available on Earth. The next step would be the abundance of the metal or scarcity of it. Here is a list of these 7 metals and the amount in parts per million in the Earth's crust.
Molybdenum 1 ppm Molybdenum is most valuable here because of scarcity
Cobalt 25 ppm
Copper 60 ppm
Zinc 70 ppm
Nickel 84 ppm
Manganese 950 ppm
Iron 56300 ppm
#3 on my shopping list is the melting point. I want a metal that can withstand high working temperatures. There is something called metal "creep" and that is the expansion or deformation of metals when they start reaching temperatures near the melting point. I like metals that don't creep or change shape in high temperature conditions eg: Jet engines, Furnaces or anywhere where safety is priority.
Molybdenum has the highest melting point of any life giving metals. Molybdenum has the sixth highest melting point of any element on Earth, which is incredible!
Molybdenum 4753 Degrees Fahrenheit Melting Point
Iron 2800 Degrees Fahrenheit M.P.
Cobalt 2723 Degrees Fahrenheit M.P.
Nickel 2651 Degrees Fahrenheit M.P.
Manganese 2275 Degrees Fahrenheit M.P.
Copper 1984 Degrees Fahrenheit M.P.
Zinc 787 Degrees Fahrenheit M.P.
#4 on my shopping list. The metal is an investment so I Do Not want it to rust, oxidize or corrode. If this happens you can surely say goodbye to your investment. Molybdenum does not react with water or air at room temperature and will not corrode. Molybdenum will keep a beautiful lustre (silvery blue). Copper and iron are definitely OFF my shopping list in this category.
Research this incredible metal for yourself, it has many uses.
Now I will bring in some arguments, for example, when I called around to purchase some molybdenum, people usually asked what it was for. I told them I was investing and collecting it. I had one person laugh, no kidding. One person told me I should go buy some silver if I was investing. On the other hand, back in 2008 Eric Sprott opened up a molybdenum stock that actually had physical holdings of molybdenum in its portfolio. I think it is not silly to invest in physical moly metal as well as moly stocks. If you just chuckled you probably own silver or gold. All metals usually gain value over time, but which metal will prevail?
Molybdenum can be bought in many forms. It is commonly mined from molybdenite ore which is MoS2. MoS2 can be purified and is used as a dry lubricant, desulfurization in petroleum refineries, etc... MoS2 concentrate is 85-99% pure. If you roast or heat up MoS2 to between 500-650 degrees celsius you produce moly trioxide concentrate or tech oxide, which is a yellow powder. MoO3 is used in pigments, flame retardants, fertilizers, catalysts, alloying steels, etc... You can process or treat MoO3 even further to get molybdic oxides, etc.. Purity ranges from 50-99.9%.
Ferromolybdenum (FeMo) is another type of molybdenum mixture, it is added to molten steel to alloy it and is preferred over the moly oxides in alloys with over 1% molybdenum since it avoids having to add oxygen to the heat. FeMo is not pure (60-75%) and is produced when MoO3 oxide is mixed with iron oxide and aluminium and is reduced in the an aluminothermic reaction to molybdenum and iron. This is made in a smelter.
The London Metal Exchange (LME) sells Roasted Molybdenum Concentrates (RMC) which is under contract to be 57-63% pure and it sells for about $36000 U.S.D a tonne ($18 a pound), with a 440 pound minimum purchase. Molybdenum comes in many other forms and can be quite confusing.
MoO3 + hydrogen under high heats produces molybdenum in metal form, which I prefer to buy. I have been quoted $40-$200 a pound for 99.9% pure moly metal. And yes I do purchase moly for investing. Remember that the Earth's crust has molybdenum at 1 ppm in abundance. This means that 1 million pounds of rock would only contain 1 pound of molybdenum and at $40 that is cheap. Please do your own research.
Molybdenum can be bought in many forms. It is commonly mined from molybdenite ore which is MoS2. MoS2 can be purified and is used as a dry lubricant, desulfurization in petroleum refineries, etc... MoS2 concentrate is 85-99% pure. If you roast or heat up MoS2 to between 500-650 degrees celsius you produce moly trioxide concentrate or tech oxide, which is a yellow powder. MoO3 is used in pigments, flame retardants, fertilizers, catalysts, alloying steels, etc... You can process or treat MoO3 even further to get molybdic oxides, etc.. Purity ranges from 50-99.9%.
Ferromolybdenum (FeMo) is another type of molybdenum mixture, it is added to molten steel to alloy it and is preferred over the moly oxides in alloys with over 1% molybdenum since it avoids having to add oxygen to the heat. FeMo is not pure (60-75%) and is produced when MoO3 oxide is mixed with iron oxide and aluminium and is reduced in the an aluminothermic reaction to molybdenum and iron. This is made in a smelter.
The London Metal Exchange (LME) sells Roasted Molybdenum Concentrates (RMC) which is under contract to be 57-63% pure and it sells for about $36000 U.S.D a tonne ($18 a pound), with a 440 pound minimum purchase. Molybdenum comes in many other forms and can be quite confusing.
MoO3 + hydrogen under high heats produces molybdenum in metal form, which I prefer to buy. I have been quoted $40-$200 a pound for 99.9% pure moly metal. And yes I do purchase moly for investing. Remember that the Earth's crust has molybdenum at 1 ppm in abundance. This means that 1 million pounds of rock would only contain 1 pound of molybdenum and at $40 that is cheap. Please do your own research.
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