Rhodium

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cars
cars Posts: 1,904
in Precious Metals
Well, Rhodium has officially doubled from its year low. I was looking to purchase some physical Rhodium when it was around $800 but all I Could find was in powder form image.
Its all relative

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  • Weiss
    Weiss Posts: 9,942 ✭✭✭✭✭
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    It's funny: I was *just* going to post this.

    Cohen mint has the 1 gram Rhodium coins. They're $90--but if Rhodium zooms back up over $3k an ounce, you'll make money (assuming you can find a buyer).

    image



    image
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  • fc
    fc Posts: 12,805 ✭✭✭
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    now i am not saying there was no potential there to make money...
    but isn't this little bump up the proverbial dead cat bounce? It has
    been past 1500 just recently then settled down again... i figure
    it will do this for years to come. Buying physical seems to be a poor
    way to get into and out of rhodium if you expect hundred dollar moves here
    and there.


    image

    image
  • cars
    cars Posts: 1,904
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    I want physical to hold hoping it returns somewhere in the neighborhood it was in not long ago. Besides that, I don't know how to play with paper or I would image.
    Its all relative
  • BBN
    BBN Posts: 3,761 ✭✭✭
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    does this stuff even sell easily? Is it as liquid as other PMs?

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

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  • PerryHall
    PerryHall Posts: 47,749 ✭✭✭✭✭
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    << <i>Cohen mint has the 1 gram Rhodium coins. >>



    Better not sneeze if you are looking at a pile of these coins.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • carew4me
    carew4me Posts: 3,667 ✭✭✭✭
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    Kitco pool account is by far the easiest way to trade this.

    Loves me some shiny!

    “Often wrong, but never in doubt.”

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