most bullish metal and least discussed on forums

[motocat]

Well, the ask price is not over $2500 ($2575) -- and Bid price at $2425. Need to make a decision soon, or should I wait till $3,000? Any other forum members here also riding this train? Anyone hopping on at these levels? Crazy.

I will certainly load up more come the time it swings down to sub $1300 again - -with large swings being the nature of Rhodium, the large buy-sell spread can be ignored (it is what held me back from getting more). For all the PM speculators here -- why did you ignore Rhodium? It's the bees knees when it comes to speculating, you thought you were gods of trades -- but turned out to be just another lemming?

[sasksilver]

Well, the ask price is not over $2500 ($2575) -- and Bid price at $2425. Need to make a decision soon, or should I wait till $3,000? Any other forum members here also riding this train? Anyone hopping on at these levels? Crazy.

I will certainly load up more come the time it swings down to sub $1300 again - -with large swings being the nature of Rhodium, the large buy-sell spread can be ignored (it is what held me back from getting more). For all the PM speculators here -- why did you ignore Rhodium? It's the bees knees when it comes to speculating, you thought you were gods of trades -- but turned out to be just another lemming?

I avoided it because the permiums seemed insane....should have just went with the kitco pool I guess. Oh well...shoulda coulda woulda lol

[forcho130]

Well, the ask price is not over $2500 ($2575) -- and Bid price at $2425. Need to make a decision soon, or should I wait till $3,000? Any other forum members here also riding this train? Anyone hopping on at these levels? Crazy.

I will certainly load up more come the time it swings down to sub $1300 again - -with large swings being the nature of Rhodium, the large buy-sell spread can be ignored (it is what held me back from getting more). For all the PM speculators here -- why did you ignore Rhodium? It's the bees knees when it comes to speculating, you thought you were gods of trades -- but turned out to be just another lemming?

My time horizon is 20 years with a sell point of $7000 or higher. A crisis in South Africa might bring my sellpoint earlier.

[midiman]

My time horizon is 20 years with a sell point of $7000 or higher. A crisis in South Africa might bring my sellpoint earlier.

I've been here for 10 years as I purchased just after the crash in 2008 when the price dropped like a stone.

I'm praying that things start to recover again in the PM sector with Trump at the helm.

I think RH could possibly reach $3000 by the end of the year and who knows in 2019.

I would like to see it break it's all time high go about $10,000.

Don't forget that is one of the most expensive metals in the world and is untouchable to most when it gets high.

So now is you chance to get on before it is too late.

I advise all investors to buy some Rh now!!

[maxwellsilverhammer]

i think good advice from midiman, if someone has any discretionary funds to gamble with. i think this is better than silver at this time. also better than crypto currencies at this time. i just hope i can hold from selling until it is near the top. who knows when or what number is anyone's guess. all other metals swing one direction and that is when rhodium swings the other way. it is so curious to try to determine the best opportunity for netting profit with rhodium.

[motocat]

i think good advice from midiman, if someone has any discretionary funds to gamble with. i think this is better than silver at this time. also better than crypto currencies at this time. i just hope i can hold from selling until it is near the top. who knows when or what number is anyone's guess. all other metals swing one direction and that is when rhodium swings the other way. it is so curious to try to determine the best opportunity for netting profit with rhodium.

Well, it's hard for me to go buying Rhodium at these prices -- seems like a short time ago I was resenting buying a little over $1,000, as it plunged to $600. I (and nobody else apparently) -- really understand the Rhodium market. If we had, we would have all "backed up the truck" at sub $800. Even the supposed "experts" did not. I know I don't know. But I know basic math, so I can buy low, and sell high. I'm just selling now - -already did half -- if it hits $3,000, I will sell more, if it declines to $1200 or so -- I'll be a buyer again.

Those who are sitting on Rhodium waiting for $7K/oz may need to wait a very long time -- perhaps when $7K is like $1K of today, not $2400 like now. When trading -- time frame should be more important then an obsession of fiat digit price -- as fiat digits are not a stable yardstick -- it is not like a metric of value -- as it declines greatly over time. Are there so few left at Kitco who have forgotten this? Sometimes it seems like I'm the only one on the anti-fiat crusade, guess everyone now is just so happy with their stocks?

[maxwellsilverhammer]

i have not done well with stocks or crypto... ever! just not educated enough, but i think i do know something about real estate residential rentals. my p m holdings are physical and simply a good store of value or a type of forced savings account, while rhodium although late to the game buying my first at 1500 usd (just never had any interest prior) then one day 14 months ago began reading about it and took a chance. on charting it has paid off but still am willing to hold on longer gambling a higher price before liquidating. i could sell now and pick up a nice 10k but what is that? not much these days as you know. i do think that if it does go to 3 k that meaning double what i paid i may liquidate and shop for more real estate with that asset class - fiat. although, if it moved to 5 k that would mean i could pick up 2 properties instead of 1. at my age, i feel i played and squandered and basically pissed away as my dad would say a great deal of fiat. i think if i am to better help my children prepare for future financial stability i must seriously rethink and focus gainful earning potential on my next 10 years and then i will basically be at my end of earning potential (late 70's). seeing that huge rise in palladium recently gives me hope that rhodium will soon have a burst of upward momentum and then i must give more consideration to the next chess move regarding p m's. i absolutely agree with this... "time frame should be more important then an obsession of fiat digit price -- as fiat digits are not a stable yardstick" and the question remains how to measure the actual yardstick of devaluing fiat against timing and metals. jmho and two cents worth

[midiman]

I've been in the Rh game since the financial crash because it most of the people dumped one of the most expensive metals in the world.
I purchased a property just after the financial crash because most of the people dumped their houses in my area.

10 years later.
The price of property has recovered and gone above the pre crash prices.
The price of Rh has recovered and more of less gone to about the same price that I paid for it.
Rh is unlike property and I don't expect everyone to be buying it so that is one of the reasons why it has not go back to or above where it was prior to the crash. (People don't need Rh to live in)
I could have purchased a house with the amount of Rh that I currently own prior to the crash.
But Rh was way!!!! out of my reach at those levels.
If Rh gets to the same price at is was prior to the crash, and/or above it may not seem as much now because the price of houses have gone up.
Rh would probably need to get to around $16,000 oz to have the buying power now if I compare it to how house prices have reacted.

But what I do know is that it owes me money and things have a habit of breaking records every now and then and people will kick themselves when they realise they missed the boat again.

Just look at the return for those that invested in that useless coin called Bitcoin or XRP lol. We would be multi millionaires if we have put our Rh money into them at the start.

Remember the markets tend to have a resurgence sometimes and while one goes down the other goes up.

So stock up on plummeting Cryptos and enjoy earning $50 on an oz of Rh today.

Midiman out.

[maxwellsilverhammer]

yes, a nice $50 increase today. yea!

[forcho130]

Rhodium just keeps on chugging along. I wouldn't be surprised to see another pullback of $300, but I'm happy to see continued demand. I'm not sure if this rise is coming from infustry or speculators though.