Rhodium

Justacommeman

Boom. Up another $60 today

mark

Pokermandude

Such a strange metal/market. I've always found it humorous that the Kitco app and quick webpage charts go back 10 years on every metal except Rh, which only goes back 5 years max. They sure wouldn't sell much if people could easily dig up that it was $10k/oz late in 2008, before dropping to $1k shortly thereafter.

That being said, I think I do have an ounce of it somewhere, taken on trade for other PMs a while ago.

goodmoney4badmoney

I picked up a PAMP ounce back in June. I'm pretty happy with the results so far because it's up about $500 since then.

Justacommeman

Rhodium the other white meat

m

bronco2078

@goodmoney4badmoney said:
I picked up a PAMP ounce back in June. I'm pretty happy with the results so far because it's up about $500 since then.

Prepare to give that whole $550 back in the buy sell spread . Rhodium is a big Nodium for me

ricko

I may be thinking of something else, but wasn't Rhodium more of a junk metal about 40 some years ago?? Used on cheap jewelry?? Cheers, RickO

asheland

@ricko I believe they plate it over sterling jewelry to keep it from tarnishing.

Baley

Rhodium, Iridium, and Osmium are just weird metals markets, thin as the atmosphere on planet Mercury with spreads out as wide as the Oort cloud.

I'd be interested in a small piece of each as part of an Elements collection, but for investing significant dollars, no.

1630Boston

Appearance
A hard, shiny, silvery metal.
Uses
The major use of rhodium is in catalytic converters for cars (80%). It reduces nitrogen oxides in exhaust gases.

Rhodium is also used as catalysts in the chemical industry, for making nitric acid, acetic acid and hydrogenation reactions.

It is used to coat optic fibres and optical mirrors, and for crucibles, thermocouple elements and headlight reflectors. It is used as an electrical contact material as it has a low electrical resistance and is highly resistant to corrosion.
Biological role
Rhodium has no known biological role. It is a suspected carcinogen.
Natural abundance
Rhodium is the rarest of all non-radioactive metals. It occurs uncombined in nature, along with other platinum metals, in river sands in North and South America. It is also found in the copper-nickel sulfide ores of Ontario, Canada.

Rhodium is obtained commercially as a by-product of copper and nickel refining

goodmoney4badmoney

Now it's down $245 today. This thread jinxed it!

jmski52

I suspect that rhodium has some of the best optical properties found.

Coulport

Rhodium is used to plate over white gold. It is brighter and harder which is particularly useful for crowns.

asheland

Kinda like Baley, I want an example just to have some, but would likely stop after getting a single ounce of it.

ricko

@Coulport....."It is brighter and harder which is particularly useful for crowns." Do you mean crowns as in head wear for kings and queens?? Cheers, RickO

Coulport

@ricko said:
@Coulport....."It is brighter and harder which is particularly useful for crowns." Do you mean crowns as in head wear for kings and queens?? Cheers, RickO

Uh, not quite.
The crown I am referring to is on a ring usually diamond.
The spike to 10K really shook up some in the jewelry trade.

spacehayduke

Rhodium, monoisotopic. Like gold. Go for osmium and platinum, more isotopes of each, much more interesting.......

BAJJERFAN

@Justacommeman said:
Rhodium the other white meat

m

Did she have a friend named Mary Tyler Moor-ium?

ChrisRx

Chart One
Chart Two
Chart Three (will need to adjust parameters to "Rhodium")