$600 Rhodium

[forcho130]

Well, it's no joke that it's going to be a bumpy ride. Traders are clearly still in control of this thin market. Rhodium down nearly $1000 in a week. Still, the medium term looks bullish to me, so I'm holding out.

[midiman]

Well, it's no joke that it's going to be a bumpy ride. Traders are clearly still in control of this thin market. Rhodium down nearly $1000 in a week. Still, the medium term looks bullish to me, so I'm holding out.

Yep I'm not smiling anymore.

RH is being tinkered by the big boys and I can't afford to day trade it.

So I just have to sit and watch $10,000 come and go. It's just far too risky for me to sell as the price could skyrocket again.

This requires nerves of steel once the price starts getting over and above $4000 and you have quite a few oz's in the low $1000's.

[midiman]

Coming soon, folks, to a theater near you.

There is a massive surplus of this metal and if you look at the charts, we are in a secular bear market for rhodium that is only going to get uglier. This is not the bottom. We aren't even near a bottom.

The auto companies already have all the rhodium they need. And then some. Plus, debt crises don't exactly encourage the selling of automobiles. Rhodium -it would have been awesome if this was a good investment, but it is OVER for this puppy.

Just my opinion.

Che

Give me the address of once of those Theatres Che.