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Rhodium? Should I buy I few oz? Pics Up

tydyetydye Posts: 3,894 ✭✭✭
in Precious Metals
My dealer just called me and said he has 3 oz of the stuff. I am considering purchasing them. He does buy the stuff so I do have an out when the time comes. $1025 is current spot.

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Comments

  • nibannynibanny Posts: 2,761 ✭
    I was thinking of buying a tenth oz bar just for the sake of having it. The premium is extremely high, though.

    I don't know how liquid is the Rhodium. You should check on eBay. There may be appetite for it.
    If it goes to $10K again, it may be definitely profitable...image
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • tydyetydye Posts: 3,894 ✭✭✭
    I bought them. Got them at spot.
  • derrybderryb Posts: 36,779 ✭✭✭✭✭
    would not paladium be a better choice?

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • nibannynibanny Posts: 2,761 ✭


    << <i>would not paladium be a better choice? >>



    More common for sure.
    Speaking of which, I noticed just yesterday that the premium on Pd Maples is very low these days.
    It could be a cool short series. I only own one.


    Tydye, please post pics when you get the chance.
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • tydyetydye Posts: 3,894 ✭✭✭
    I would buy paladium if I could find some locally with little or no premium.

    I will post some pics once I pick them up. This upcoming weekend
  • tneigtneig Posts: 1,505 ✭✭✭
    Be interesting to know what his buy back is at..



    << <i>My dealer just called me and said he has 3 oz of the stuff. I am considering purchasing them. He does buy the stuff so I do have an out when the time comes. $1025 is current spot. >>

    COA
  • PokermandudePokermandude Posts: 2,713 ✭✭✭
    Cool, looking forward to seeing some pics. At spot I think you can't go wrong at all on these. I suspect you could even flip them on Ebay for a decent profit.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • nibannynibanny Posts: 2,761 ✭
    Provident buy them back at $1,085.
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • KUCHKUCH Posts: 1,186


    << <i>Provident buy them back at $1,085. >>



    You already made a profit.image
  • jmski52jmski52 Posts: 22,814 ✭✭✭✭✭
    Sell, Sell, Sellimage
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • tydyetydye Posts: 3,894 ✭✭✭
    Picked up my rhodium today

    Not the most attractive metal. Looks like a dull silver
  • cohodkcohodk Posts: 19,087 ✭✭✭✭✭
    Cool. Tastes like chicken, er, looks like silver.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • fcfc Posts: 12,793 ✭✭✭
    I will freely admit i would have spent the 3075 on a cool gold bar. I always wanted a >= 1oz bar. Perth mint has a nifty 2 and a half poured.
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