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Invest in Rhodium

PostPosted: Mon Nov 15, 2010 2:22 pm
by TXBullion
http://www.kitco.com/rhodium/

Just saw this. I remember looking for it a few months back and didnt find anything. Now i see kitco is offering it. It looks like it comes in some type of powder form....

Re: Invest in Rhodium

PostPosted: Mon Nov 15, 2010 4:51 pm
by stateofmind
Physical is not the way to go. If you want to invest in Rhodium, do it electronically.

Re: Invest in Rhodium

PostPosted: Mon Nov 15, 2010 4:57 pm
by Devil Soundwave
There are a couple of places that do physical Rhodium coins.

One is the Cohen Mint, though I have read a lot of bad things about them - apparently the guy has taken a bunch of payments and not sent goods.

http://www.rhodiumcoin.com/

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The other one is Element Sales:

http://www.elementsales.com/ecoins.htm

$595 each.

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DYODD. :)

Re: Invest in Rhodium

PostPosted: Mon Nov 15, 2010 5:27 pm
by TXBullion
I remember reading bad things about cohen. I just remember looking at charts and seeing the huge spike to 10k a little ways back

Re: Invest in Rhodium

PostPosted: Tue Nov 16, 2010 3:28 am
by Sheikh_yer_Bu'Tay
stateofmind wrote:Physical is not the way to go. If you want to invest in Rhodium, do it electronically.



When it comes to PM's... if you don't hold it, you don't own it.

IF TSHTF holdings in ETF GLD & SLV will disappear like a vapor.

It already happened in nickel. During the nickel price spike a few years ago, the secured warehouse managers elected to "borrow" their clients nickel bullion to break the price spike cycle.

Re: Invest in Rhodium

PostPosted: Tue Nov 16, 2010 8:14 am
by TXBullion
Right on Sheikh, I dont know what the truth is and some more knowledgeable members here to the ETFs with success. I started getting into PMs because you can hold it and you know its there

Re: Invest in Rhodium

PostPosted: Tue Nov 16, 2010 8:25 am
by Devil Soundwave
It's a shame Cohen are allegedly a bit crap, as those are some nice looking coins.

Re: Invest in Rhodium

PostPosted: Tue Nov 16, 2010 9:08 am
by misteroman
Didn't rhodium only spike because russia was playing games and holding back?

Re: Invest in Rhodium

PostPosted: Wed Nov 17, 2010 6:19 am
by Sheikh_yer_Bu'Tay
Devil Soundwave wrote:It's a shame Cohen are allegedly a bit crap, as those are some nice looking coins.


Awsome site. I didn't know you could get coins like that. Cool.

Every chemistry class should have samples of the elements for students to look at.

Re: Invest in Rhodium

PostPosted: Wed Nov 17, 2010 8:49 am
by Devil Soundwave
Yeah, those elements coins are lovely. Bit over-priced, but still a neat concept. I'm looking forward to seeing how they make a coin out of some of the gases!

Re: Invest in Rhodium

PostPosted: Thu Nov 18, 2010 2:29 pm
by Ardent Listener
Rhodium is still a sleeper compared to the other precious metals. It could explode in price someday but IMO not until the other metals move much higher first.

Re: Invest in Rhodium

PostPosted: Fri Nov 19, 2010 3:17 pm
by Pennysaved
They are pretty coins.

Problem is how liquid is it? If you go up to the average joe, they know that there is value in gold, silver, and platinum.

How many people would know the value in a Rhodium coin.

Re: Invest in Rhodium

PostPosted: Fri Nov 19, 2010 3:20 pm
by Pennysaved
Also would'nt you have hated to been the person who bought it at 10k?

Re: Invest in Rhodium

PostPosted: Fri Nov 19, 2010 3:30 pm
by Rodebaugh
I have seen them listed on eBay. I guess he filled at least a few of his orders.

http://cgi.ebay.com/Rhodium-1-Gram-Eagl ... 2c58d6ca1d

Re: Invest in Rhodium

PostPosted: Sat Nov 20, 2010 2:05 am
by JadeDragon
Pennysaved wrote:They are pretty coins.

Problem is how liquid is it? If you go up to the average joe, they know that there is value in gold, silver, and platinum.

How many people would know the value in a Rhodium coin.


Or how many people have even heard of Rhodium?

Re: Invest in Rhodium

PostPosted: Sat Nov 20, 2010 2:52 am
by beauanderos
Rhodium? Bah! Image