….uranium, now down at $44/lb
UPDATE: Mailed in by a smart reader
It would be interesting to create 2 commodity indices — one containing
hoard-able commodities and the other non hoard-able commodities. Looking at
them together on a chart would be indicative of the “speculative” component
of the recent price rise.
Another non hoard-able commodity that I can think of at the top of my head
is nat gas. Look at that chart compared to U…