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Thread: most bullish metal and least discussed on forums

  1. #1

    Default most bullish metal and least discussed on forums

    wow, is anyone else paying attention to what the rhodium market is doing? hello? while the rest of the p m's are boring and flatlining rhodium is paving the way. up 65 usd yesterday, up 20 usd today. i got in about 6 months ago and am enjoying the ride back to the market high of years past. there is still time but you should get in asap with the next drop. i am not a financial adviser by any means but rhodium certainly does merit your checking into. jmho

  2. #2

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    Quote Originally Posted by maxwellsilverhammer View Post
    wow, is anyone else paying attention to what the rhodium market is doing? hello? while the rest of the p m's are boring and flatlining rhodium is paving the way. up 65 usd yesterday, up 20 usd today. i got in about 6 months ago and am enjoying the ride back to the market high of years past. there is still time but you should get in asap with the next drop. i am not a financial adviser by any means but rhodium certainly does merit your checking into. jmho
    I purchased one ounce in April 2016 for $925 including dealer premium, so a nice return there - if it can be realized! I’ve never actually tried to sell a rhodium bar through any channel.

    I thought the price was right for a little speculative bite in early 2016, but I wasn’t comfortable stacking it given the illiquidity and $150 bid-ask spread.


    Sent from my iPhone using Tapatalk

  3. #3

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    Quote Originally Posted by Chip Hoarder View Post
    I purchased one ounce in April 2016 for $925 including dealer premium, so a nice return there - if it can be realized! I’ve never actually tried to sell a rhodium bar through any channel.

    I thought the price was right for a little speculative bite in early 2016, but I wasn’t comfortable stacking it given the illiquidity and $150 bid-ask spread.


    Sent from my iPhone using Tapatalk
    did you buy it online or locally? kitco buys back rhodium as well as a few other online dealers.

  4. #4

    Default most bullish metal and least discussed on forums

    Quote Originally Posted by maxwellsilverhammer View Post
    did you buy it online or locally? kitco buys back rhodium as well as a few other online dealers.
    Just looked back through my receipts and I bought it from Golden Eagle Coins on their EBay storefront.

    It is a Baird Mint bar - are they still the only outfit that makes rhodium bars?

  5. #5

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    baird and pamp suisse are the two i am familiar with. yes G E C is where i bought my physical rh and they do buy back. kitco has them as well, but i bought into the kitco rh pool for half my rh holdings. i think both companies will buy back the pamp bar, and i just found this advertised: Tuvalu 1oz Rhodium Coin 2018 and limited 1000 mintage. man, i may just have to get one even at these prices.

  6. #6

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    it's after hitting 2240 at the moment.
    Maybe the boat has sailed at this point. But with the reduction in manufacturing of diesel engines it may keep climbing.

  7. #7

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    WOWZERS. $85 UPSWING this morning as I am having my coffee.

  8. #8

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    Quote Originally Posted by maxwellsilverhammer View Post
    WOWZERS. $85 UPSWING this morning as I am having my coffee.

    Yup - I'm wondering at what point should I sell my rest (already did 50% at $2100). $2500, $3000, or to dah moon?

    Is this all because platinum mining is now low given current platinum pricing (Rh is a byproduct of this mining) -- or has their been some greatly increased demand over the last year? Trade war with China effecting this?
    Last edited by motocat; 09-20-2018 at 12:12 PM.
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  9. #9

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    yes, your guess is probably better than mine, but, i am still trying to put together a little extra frns to buy a couple more rh ozt's

  10. #10

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    It's a shame Diesel engines are bar none the best we have.

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