http://www.nzz.ch/finanzen/devisen-u...eis-1.18690578
Good article on Rh, unfortunately in German though.
http://www.nzz.ch/finanzen/devisen-u...eis-1.18690578
Good article on Rh, unfortunately in German though.
Rh being used in place of platinum.
http://industrytoday.co.uk/market-re...l-advancements
XRH0 is up 10-12% in the last week; perhaps we have seen a bottom?
The commodities boom of 2005-2008 is unlikely to repeat itself soon. Have a look at the price of cobalt:
http://www.infomine.com/investment/m...es/cobalt/all/
Look familiar?
Is the price of rhodium too low now? Will it go lower? Unlikely, in my opinion. But we could see a decade or more of low prices before the next commodities boom. At the current price I believe rhodium has the most upside potential of all the precious metals. But I also believe the existence of two ETFs will limit the upside potential, as you can expect a sell off after any price rally.
Lots of activity on XRHO today.
From Heraeus this morning:
"Not surprisingly rhodium has confirmed last week’s movement with rising demand. Consequently the price moved up by another 30 USD. Buying interest mainly comes from the industry, but also once again from the investor side. The automotive and chemical industries were major drivers of the industrial sector. Slightly reduced liquidity could result in firmer price levels in the near future."
Both JM and BASF raised there rhodium prices again this morning.
Exciting news:
Deutsche Bank will delist their Rhodium ETC perspectively!
https://etc.deutscheam.com/GBR/ENG/D...5-a590f59f74e8
http://www.investor-verlag.de/rohsto...d-geschlossen/
Does anybody know how the new launched AfricaRhodium ETF is moving in terms of stockpile?
Last edited by sandro1979; 03-11-2016 at 07:59 AM.