Rhodium investment

[Grelko]

If you would go by that, you'd still need to wait another year or 2 but, I wouldn't even think about risking anything unless it dropped under 650 first (it's at 760 now), but even then no one really knows, because there's been other times that it's dropped clear down into the 1-200 range. It's been hanging around 775 for a bit, but a couple days ago it dropped from 775 to 760 within a few hours.

My post was on October 28th, 2015.

In the past 6 months alone, rhodium prices have risen 270%. Take a look:

As of right now, March 1st, 2016, Rhodium is at $667. The chart that you posted was from 1992 - 2009.

 

[nickvc]

I guess the actual rarity and the many uses the world has for Rh and Pt proves how the markets are manipulated when you compare their prices to gold, to me it's crazy that they are cheaper than gold.
You can dig up pieces of gold, I don't believe that's the case with Rh and Pt, a large proportion of the world supply comes as a by product of nickel refining, Au is also recovered from copper refining in serious amounts but not to the extent PGMs are from other metal refining.
Silver is also at silly money in my opinion making it a throw away metal in many cases, the cost of recovery not covered by its value but a slowly diminishing resource all the same, again a large proportion of the world supply is a by product of copper refining rather than silver mining.
Most of the gold refined over the last few years is sitting in vaults gathering dust, not really needed except as a store of value, the modern world we know would cease to exist without PGMs and silver also but the prices reflect no such reality.
So is gold vastly over priced or the other metals vastly under priced, I suspect only time will tell.
I like the statement that now comes with many financial investments, values can fall as well as rise, the same goes for all investments.

 

[jimdoc]

Jpost has posted spam, disguised as useful information. That "copy and pasted" information is outdated and misleading at this point in time. And he has hidden his link or links with others to seem to blend in. I doubt he will ever return, unless it is to drop more spam. If I am wrong he can explain himself.

Jim