Rhodium Falling Off A Cliff...
Tomohawk
Posts: 667 ✭✭
Ok, I just couldn't help myself...I have no idea if anyone invests in this metal, or even how you store it, but it IS dropping like a rock past $6500 (after being up around $9,000, wasn't it?)
ASE Addict...but oh so poor!
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Comments
but about 6 years ago it was $450 an ounce.
If you discount major governments like Russia...I believe that leaves only 7 buyers...
(my photo...utah deserts...upper reaches of Horseshoe Canyon...remember where that fool lost his hand a few years ago...this is only a few miles away from that)
<< <i>Rhodium is thinly traded.
If you discount major governments like Russia...I believe that leaves only 7 buyers...
(my photo...utah deserts...upper reaches of Horseshoe Canyon...remember where that fool lost his hand a few years ago...this is only a few miles away from that) >>
Are we looking at wild ass?
ALL white gold and platinum jewelry is rhodium plated. Four or five years ago, when fashion deceided that white gold jewelry was prefferable to yellow, rhodium ran from the hundreds to the thousands......
<< <i>You guys have neglected the BIG use for Rhodium........Not to mention the reason that it rose in price in the first place.....
ALL white gold and platinum jewelry is rhodium plated. Four or five years ago, when fashion deceided that white gold jewelry was prefferable to yellow, rhodium ran from the hundreds to the thousands...... >>
Sorry, but I have to strongly disagree with this.
Rhodium-plating in jewelry is only used on white gold (not platinum) and did not influence the rise in prices.
PS...if polished properly, platinum rings are not rhodium-plated, but I will admit some jewellers rhodium-plate platinum just because they do not know how to polish platinum properly.
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<< <i>You guys have neglected the BIG use for Rhodium........Not to mention the reason that it rose in price in the first place.....
ALL white gold and platinum jewelry is rhodium plated. Four or five years ago, when fashion deceided that white gold jewelry was prefferable to yellow, rhodium ran from the hundreds to the thousands...... >>
Sorry, but I have to strongly disagree with this.
Rhodium-plating in jewelry is only used on white gold (not platinum) and did not influence the rise in prices.
PS...if polished properly, platinum rings are not rhodium-plated, but I will admit some jewellers rhodium-plate platinum just because they do not know how to polish platinum properly. >>
Platinum is gray, and it will not 'shine'......Ask any jewelry if their platinum is rhodium plated.
PS-I've had a jewelry store for 23 years......
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<< <i>
<< <i>You guys have neglected the BIG use for Rhodium........Not to mention the reason that it rose in price in the first place.....
ALL white gold and platinum jewelry is rhodium plated. Four or five years ago, when fashion deceided that white gold jewelry was prefferable to yellow, rhodium ran from the hundreds to the thousands...... >>
Sorry, but I have to strongly disagree with this.
Rhodium-plating in jewelry is only used on white gold (not platinum) and did not influence the rise in prices.
PS...if polished properly, platinum rings are not rhodium-plated, but I will admit some jewellers rhodium-plate platinum just because they do not know how to polish platinum properly. >>
Platinum is gray, and it will not 'shine'......Ask any jewelry if their platinum is rhodium plated.
PS-I've had a jewelry store for 23 years...... >>
This is made of .9995 platinum, and it shines like the sun.
<< <i>Why does this matter? >>
Apparently it matters more than the school supply crash.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
HOLEE CRUMOLEE...dat's gotta hoit!
Where's the entry point on this bad boy?
$300 or so.
See how hard it is to Exit? Better not to Enter!!!
Back in the day, el cheapo costume jewelry was rhodium plated to look like silver.
We even advertised "Fine Rhodium Plating!"