Wow! Did you guys see Rhodium!?
Weiss
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Which just underscores that I know zero about precious metals
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame
--Severian the Lame
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"Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9
"Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5
"For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
or maybe the seller is just selling to himself?
Try buying some. It does not work like that.
No, Kitco's pool system isn't buying the metal in my opinion.
Rhodium is pure industrial with no numismatic market. It's sold to industries in gray bars mixed in with platinum. A feedstock for industrial processes.
I know of no individual who has used this metal as a "PM".
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>its ben superglued to $1500 for about 2 weeks now. Apparently the 1 guy that is buying is buying it from the 1 guy that is selling
or maybe the seller is just selling to himself? >>
Reminds me of the old joke:
Guy calls his broker and says buy me 1,000 shares of PM Corp.
Next day the price is up. Guy calls his broker a second time and says buy me another 1,000 shares of PM Corp.
Next day the price is up again. Guy calls his broker a third time and says get me another 1,000 shares.
Price is up again for the third time. Guy calls his broker and says sell all my PM Corp.
Broker says "sell all your PM Corp?!?...you're the only one buying!!"