$600 Rhodium

[absum]

Well, here we are at $650 rhodium... I still think this is a metal to avoid for some time. Could be a great investment later. Good luck.

Che

Agree with what you said

[sandro1979]

Agree with what you said

It's already 50% up. Please wake up...

[Rhodium9000]

Wrong again.

[motocat]

Thank you, well my crystal ball is right half time

The car companies aren't stockpiling more rhodium right now so the only path is down. Once rhodium hits parity with palladium it will have found a bottom since rhodium can be substituted for palladium. However palladium has its own problems right now with emerging market slowdown. So both metals may hit $400, and that could be a bottom. That's just my best guess. Good luck to ya.

Che

Blast from the not to distant past folks, Thread talk of big Rhodium at $600 something, and how it's in such great surplus, no need to stockpile it. These car companies must be fools not to have done so knowing how it is needed. Not like they have not seen spikes before. I don't get it -- except if there are very many incompetent types in charge of industry decisions. That's what it must be -- incompetence all round the world, with rich and poor alike.

[midiman]

Blast from the not to distant past folks, Thread talk of big Rhodium at $600 something, and how it's in such great surplus, no need to stockpile it. These car companies must be fools not to have done so knowing how it is needed. Not like they have not seen spikes before. I don't get it -- except if there are very many incompetent types in charge of industry decisions. That's what it must be -- incompetence all round the world, with rich and poor alike.

Some of these people make me chuckle because I bet they wish they scooped up 20ozs when now they were giving us their predictions.

Rh is all about market and supply.

Cast you mind back to when Rh was $10K. No one could touch it apart from the big companies and the demand was there. Then one of the biggest crashes in history hit the world markets!!! This caused everyone to dump practically every asset they owned.

People stopped buying, demand dwindled, companies would have been mad to purchase RH.

Some thought that they would be clever and use what they could get their hands on too.

Then we had the emissions scandal and stricter guidelines. Now they don't have the scope to play about like they did and they could run into problems if demand increases.

RH is like this, don't watch the price get out of hand of else you will find it difficult to get back in.

Some of the investors on here are mad!! look at what a punt on $900 Rh would have returned compared to a 1oz Gold over the same period of time.

In two days RH has just made me more than what I get paid for 2 months of hard labour and we are still no where near the heights of $10K.

This is one of the most expensive metals in the world and investors have been ignoring it for years.

Would you walk past the chance to buy a Gold Rolex Daytona at $5000 when you know that they used to sell at $30,000 and could again one day.

[motocat]

Some of these people make me chuckle because I bet they wish they scooped up 20ozs when now they were giving us their predictions......

Thing is, you also had all these people preaching (or just parroting) that the shot to $10K was a due to very special once in history coincidence of events, would never repeat itself. Where are these people now? Why do people say things they really know nothing about? At $5K, we are half way to the moon now. I got some Rh for cheap myself, but sold all at $3K, even though my original reasoning for getting was due that $10K shot. I'll be more even more patient, and less apt to believe anyone in the future -- simply buy low, sell high, so much fake news and reports only throws you off from that.

[midiman]

Thing is, you also had all these people preaching (or just parroting) that the shot to $10K was a due to very special once in history coincidence of events, would never repeat itself. Where are these people now? Why do people say things they really know nothing about? At $5K, we are half way to the moon now. I got some Rh for cheap myself, but sold all at $3K, even though my original reasoning for getting was due that $10K shot. I'll be more even more patient, and less apt to believe anyone in the future -- simply buy low, sell high, so much fake news and reports only throws you off from that.

I said that i'm here to $10K or more.

There is no point in selling at anything else because thats when you are in the big boys club and most people will not be able to afford 1oz.

I doubt it most people can now.

Don't miss the boat.

[maxwellsilverhammer]

I said that i'm here to $10K or more.

There is no point in selling at anything else because thats when you are in the big boys club and most people will not be able to afford 1oz.

I doubt it most people can now.

Don't miss the boat.

i am with moto on this one. i kick myself every day these days but will not buy at 5k an ounce. i will buy 20 ounces if it ever goes back to 1200 and sit on it waiting for 10 k again.

[midiman]

i am with moto on this one. i kick myself every day these days but will not buy at 5k an ounce. i will buy 20 ounces if it ever goes back to 1200 and sit on it waiting for 10 k again.

Now that would need a miracle from above at this moment in time.

[maxwellsilverhammer]

Now that would need a miracle from above at this moment in time.

yes it would, but you are getting your miracle right now. congrats for strong hands