Rhodium

[highroller4321]

What is everyone's thoughts on Rhodium? I was thinking about picking up an ounce or two.


I'm sure it will be extremely hard to sell so maybe paper play would be the best bet?

[henrysmedford]

Dumb as a brick on Rhodium but if you have not read this here you go http://www.kitco.com/rhodium/

[slickeast]

You should have picked up those bars at the FUN show.

[highroller4321]

You should have picked up those bars at the FUN show.

I would have if you would have pointed them out BEFORE they were sold!

[CLINT-THE-GREAT]

What is everyone's thoughts on Rhodium? I was thinking about picking up an ounce or two.


I'm sure it will be extremely hard to sell so maybe paper play would be the best bet?

In my personal opinion (I know that doesn't mean much), I think Palladium is a better bet. Other than the dip in 2008, has went from $200/oz to today $736 consistently rising. And I think will be right near Platinum in a few years. Rhodium has done nothing but drop in value in the last 5 years. From $10,000/oz to $1,150/oz. And now is in a slow but steady decline. The last year Rhodium virtually didn't do anything. Both are a substitute for Platinum in Catalytic Converters because Platinum was getting too expensive, but like Platinum, they are using it all up.

Also Palladium is not very dense. It is the least dense of all the PMG's. So that makes an actual troy ounce even more rare as it takes more Palladium material to make up the same troy ounce as a more dense metal. And as far as an investment/inflation hedging, I would think about liquidation, I watch alot of auctions for Platinum/Palladium/Rhodium bars, in my experience they just don't hold the premium Gold does. Alot of times I see 1oz Suiess Palladium bars go for at or slightly under spot. I just don't think there is enough people with knowledge about some of the other PM's other than Gold/Silver, so people are scared and just don't bid. Just my $.02

-The Great

[Rodebaugh]

When it comes te being rare....its the King. Supply just meets demand from what I can gather.
The stuff is like frog hair.....tough to get enough to make a pair of socks out of.

Prices are weak and have been for some time. One hicup in production and profits/gains can get silly quick.

[slickeast]

http://www.goldeneaglecoin.com/other_me ... hodium_Bar

Doc, start knitting

[IdahoCopper]

Palladium has been used in cold fusion experiments. If cold fusion should ever go mainstream, palladium has a chance to go ballistic.