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View Full Version : Yeah Silver took a hit, but not like Rhodium!



SilverWaler
09-02-2008, 11:11 AM
Its down ONE THOUSAND DOLLARS today alone! Thats a drop of about 16%!

See it could be worse?!

Silver King
09-02-2008, 11:12 AM
Its down ONE THOUSAND DOLLARS today alone! Thats a drop of about 16%!

See it could be worse?!

:eek: :eek: :eek:

It's good to see someone else digs the "At least you didn't buy Rhodium" articles.

I think the bottom is falling out from under commodities. Am sure Gold will have a few more rallies into next year, but it is sending some extremely bearish signals lately that seem to suggest the end game is down the corner.

MiamiFlorida
09-02-2008, 11:39 AM
Rhodium is for the big dogs... I'm a Chihuahua and can't pee in the tall grass with those guys. Maybe, if it goes down to $500 and oz, will I even consider it. Thing is, too, I really don't know much about the metal to make an informed decision.

jayspizzy
09-02-2008, 11:57 AM
Used mostly in the automotive industry, rhodium had a great ride starting in '05 when it was about $450 per ounce upt to three years later, when it topped out at about 10k per ounce...

Ah, If only I had a time machine:rolleyes: :rolleyes: :rolleyes:

MiamiFlorida
09-02-2008, 12:04 PM
Ah, If only I had a time machine:rolleyes: :rolleyes: :rolleyes:

Like the one Warren uses over at Birkshire Hathaway...

MiamiFlorida
09-02-2008, 12:55 PM
Good heavens no! Not that one!!!:eek:

I love that you get my oddball sense of humor.