Does anyone know if the massive increase in rhodiums price a while back was caused due to media and the average investor or did this happen quietly? I have a feeling that if silver goes the way of rhodium it won't be all over the main stream media, simply because silver has been outperforming gold for quite some time and gold is still snatching most of the headlines.
Hi, my opinion is that it was just a run of the mill commodity price spike. Any 'investor' demand would have come after that ball was already rolling and amplified the up/down swings. What percentage of people do you think actually know what rhodium is? I don't think it would have been news worthy until the world ran out of the stuff Pretty much everyone knows what silver is and they know that silver exists as jewellery - so this would be a different situation. The news would be reporting "Time to trade in your old silverware for cash!"