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Gold $1863, Platinum $1860, Rhodium $1850

OverdateOverdate Posts: 6,939 ✭✭✭✭✭
in Precious Metals
Will gold take out rhodium next?

Edit: 8/19/2011, question answered.
Gold $1863, Platinum $1860, Rhodium $1850.

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    TheBigBTheBigB Posts: 942 ✭
    Interestingly, people here felt this turn of events was an impossibility a few months ago.
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    CoinCoinsCoinCoins Posts: 698 ✭✭✭
    when was the last time gold was higher than platinum? i thought it was in 2008, but i was told today it was 20 years ago?

    i guess i'm too lazy to look it up :/image


    p.s.. i think there's way too much hype around gold right now.... "sell on the news"
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    OverdateOverdate Posts: 6,939 ✭✭✭✭✭


    << <i>when was the last time gold was higher than platinum? i thought it was in 2008, but i was told today it was 20 years ago? >>


    It was 2008. Gold fell, but platinum fell harder.

    My Adolph A. Weinman signature :)

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    OverdateOverdate Posts: 6,939 ✭✭✭✭✭
    Back in the 1860's and 1870's, when platinum was cheaper than gold, a number of counterfeit gold coins were made from platinum-copper alloys. I wonder if this will happen again!

    My Adolph A. Weinman signature :)

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    coinkatcoinkat Posts: 22,791 ✭✭✭✭✭
    I like the dimes on the sign line-

    Experience the World through Numismatics...it's more than you can imagine.

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    roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭


    << <i>Interestingly, people here felt this turn of events was an impossibility a few months ago. >>



    You must have been reading the wrong people.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    OPAOPA Posts: 17,104 ✭✭✭✭✭
    Didn't take long, but Plat., once again, has taken the lead over Gold.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    RedTigerRedTiger Posts: 5,608 ✭


    << <i>when was the last time gold was higher than platinum? i thought it was in 2008, but i was told today it was 20 years ago?

    i guess i'm too lazy to look it up :/image


    p.s.. i think there's way too much hype around gold right now.... "sell on the news" >>



    Yes, Platinum was lower than gold back around 1990 as well.
    Investment blog: gold, stocks and more
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    PokermandudePokermandude Posts: 2,710 ✭✭✭


    << <i>Will gold take out rhodium next? >>



    Gold takes out rhodium, or rhodium takes itself out? Either way I think it will.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
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    TheBigBTheBigB Posts: 942 ✭


    << <i>

    << <i>Interestingly, people here felt this turn of events was an impossibility a few months ago. >>



    You must have been reading the wrong people.

    roadrunner >>

    I agree with you.
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    OverdateOverdate Posts: 6,939 ✭✭✭✭✭
    Gold and platinum have now passed rhodium. Is rhodium underpriced?

    My Adolph A. Weinman signature :)

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    JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    I will be the last person to buy rhodium on this forum. MJ
    Walker Proof Digital Album
    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......
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    calleochocalleocho Posts: 1,569 ✭✭
    where is Weiss?

    havent seen him post in a while
    "Women should be obscene and not heard. "
    Groucho Marx
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    CoinCoinsCoinCoins Posts: 698 ✭✭✭

    10 years later and platinum is worth basically half of what gold is worth. weird.

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    LukeMarshallLukeMarshall Posts: 1,912 ✭✭✭✭✭

    @CoinCoins said:
    10 years later and platinum is worth basically half of what gold is worth. weird.

    And rhodium is 10x the original price (after falling about 10,000$ in the last couple months. -> that’s nuts

    It's all about what the people want...

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    OverdateOverdate Posts: 6,939 ✭✭✭✭✭

    . . . and gold is down $70 in the last 10 years.

    And the dollar has lost 17% of its value during that time, according to the CPI.

    My Adolph A. Weinman signature :)

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    cohodkcohodk Posts: 18,621 ✭✭✭✭✭

    @Overdate said:
    . . . and gold is down $70 in the last 10 years.

    And the dollar has lost 17% of its value during that time, according to the CPI.

    Yeah....i thought this was a recent thread. After all the promises of "theories" and "spiracies" over the last decade i woulda thought gold would be $10k by now. Maybe in another decade or two or three.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Looks like gold is spiking a bit now.... inflation fears and stock market jitters.... Cheers, RickO

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    jmski52jmski52 Posts: 22,380 ✭✭✭✭✭

    This thread makes a good case for periodic portfolio rebalancing within the precious metals complex.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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