Results 1 to 10 of 10

Thread: Why Rhodium should be in all Pm investment portfolios.

  1. #1

    Default Why Rhodium should be in all Pm investment portfolios.

    Less Rhodium being mined due to lower investments in mining.
    http://www.forbes.com/sites/roystonw.../#bf237ba7779d
    http://oilprice.com/Metals/Platinum/...nt-Crisis.html

    Rhodium will play a major role in Solar Energy storage in the near future. Ensuring Rhodium will once again be one of the most valuable PM's
    https://www.sciencedaily.com/release...0707101035.htm

    Rhodium is super rare and cannot be replicated or substituted and has many unique properties.

    Many people are nervous about owning Rh because it is a thinly traded market - that is all the more reason to own Rh! Rh is not manipulated like other Pm markets and is purely priced by supply and demand hence the larger price swings.

    I have bought and sold Rh through Bairds just as easily as Gold or Silver so there is no reason not to include this metal in your investments. I hold most of my Pm's in Rh as I truly believe it will play a major role in the new technology solar products, it has traded at 10,000 usd per ounce and should do again.

  2. #2

    Default

    I just ordered my first ounce. There were only two simple factors influencing my decision, first is this chart,

    I mean, can it really go much lower at this point? Secondly, this chart: https://en.wikipedia.org/wiki/Abunda...arth%27s_crust Go ahead and open the link and scroll down, yeah keep scrolling, oh there it is, at the very bottom! I want some of that, even if just to have it.
    "Winston immediately paid over the four dollars and slid the coveted thing into his pocket. What appealed to him about it was not so much its beauty as the air it seemed to possess of belonging to an age quite different from the present one..."

  3. #3
    Join Date
    Oct 2011
    Posts
    1,010

    Default

    can it really go much lower at this point?
    The answer to that is always yes! for any investment that is not zero!

    It's obvious that spike to 10,000 was irrational, I wouldn't bank on it ever getting up there again
    If I knew the answers I wouldn't be here

  4. #4

    Default

    Quote Originally Posted by DaveUK View Post
    The answer to that is always yes! for any investment that is not zero!
    OK, I get it, anything is possible. Rh can go to zero. If Rh does go to zero, however, I'll eat my hat if all the other metals don't go to zero too.

    Quote Originally Posted by DaveUK View Post
    It's obvious that spike to 10,000 was irrational, I wouldn't bank on it ever getting up there again
    I'm not looking towards the moon, my friend. If Rhodium can make it to 1000, I'll be satisfied.

    Quote Originally Posted by groupeleven View Post
    I want some of that, even if just to have it.
    Good job, groupeleven, you waited long enough, now check that box off the periodic table. Thinking I'll save up for a brick of Indium next!


  5. #5

    Default

    Rh up at Baird today by over £30 per Oz, I can't see any reason why.

  6. #6

    Default

    Rhodium is up $100 in the last month. I wonder if the new 1 oz rhodium PAMP bar has anything to do with that?

  7. #7

    Default

    Quote Originally Posted by Rhodium9000 View Post
    Rhodium is up $100 in the last month. I wonder if the new 1 oz rhodium PAMP bar has anything to do with that?
    Up 10% already this month on Umicore!!!!

  8. #8
    Join Date
    Oct 2011
    Posts
    25,750

    Default

    the thought on rhodium is it once was near $10k...that spike can happen again...just sayin... supply and demand..it can have a hard time reasoning to demand quickly because of the way it's mined.. not like there are rhodium mines, that's for certain, talk about a byproduct metal...most from one geological area in the world, so its hard to keep up with stockpiled needs, as it it used....

    tricky, but a metal that can possibly be timed if ya pay attention.. maybe now is the low point...?

    i pay attention to rhodium and i have a small exposure to it in my portfolio..
    Last edited by captainsilverton; 11-04-2016 at 06:36 AM.

  9. #9

    Default

    i got in last year and even today when all other metals are under... rhodium gained today.

  10. #10

    Default

    a nice bump up over 3% today so far. a rise of $65. wouldnt it be nice to have a little excitement in the other p m's again with silver moving in 50 cent and dollar plus moves and gold moving $25, $50 swings again. I would like to see where the purchase of rhodium was to make this strong move upward today. probably get knocked down tonight after US close and Asian mkt takes control again till tomorrow morning.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •