Rhodium??

Discussion in 'General Precious Metals Discussion' started by -j-p-shmorgan, Jul 22, 2015.

  1. -j-p-shmorgan

    -j-p-shmorgan New Member

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    Just out of curiosity I checked eBay for Rhodium....
    Spot price: 860 Ask Price: 960

    1/2 oz are $600 USD, 1oz is $1400+

    Why such a disconnect? Anyone dabble in physical rhodium?
    If so...what type of premiums are you looking at & from where?
     
    -j-p-shmorgan, Jul 22, 2015
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  2. Altima

    Altima Well-Known Member Silver Stacker

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    Try looking at perthbullion. Think they have some for sale there.
     
    Altima, Jul 22, 2015
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  3. -j-p-shmorgan

    -j-p-shmorgan New Member

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    AUD $1,298.57 for international. Spot is only $860......

    .......BUT IT WAS $10,000 / oz in 2008 ????????????????????????????????????????????

    WHY ARE WE ALL NOT STACKING RHODIUM? lol
     
    -j-p-shmorgan, Jul 22, 2015
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  4. Altima

    Altima Well-Known Member Silver Stacker

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    Cos it will prob go down some more?
     
    Altima, Jul 22, 2015
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  5. finicky

    finicky Well-Known Member Silver Stacker

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    finicky, Jul 22, 2015
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  6. -j-p-shmorgan

    -j-p-shmorgan New Member

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    -j-p-shmorgan, Jul 22, 2015
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  7. Snoopy

    Snoopy Member

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    I think Rhodium is not money, Gold and Silver are.

    But I would not mind having some other PM in the mix myself, just have not yet felt to add some.
     
    Snoopy, Jul 22, 2015
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  8. Porcello

    Porcello New Member

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    would you care elaborate why silver and gold are money and not, say, copper which was used for pennies in UK or platinum which was used for rubles in Russia? and why not cupro-nickel which is currently used for coins worldwide?
     
    Porcello, Jul 22, 2015
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  9. Snoopy

    Snoopy Member

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    Mike Baloney will be happy to explain to you.
     
    Snoopy, Jul 22, 2015
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  10. Porcello

    Porcello New Member

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    oh, ok. Then I should have read your comment as: "because only gold and silver are money for gold/silver pumpers"
     
    Porcello, Jul 22, 2015
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  11. Snoopy

    Snoopy Member

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    u git it.:)
     
    Snoopy, Jul 23, 2015
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  12. SilverDJ

    SilverDJ Well-Known Member

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    Because no one gives a rats arse about rhodium
    Likely very hard to offload.
     
    SilverDJ, Jul 23, 2015
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  13. -j-p-shmorgan

    -j-p-shmorgan New Member

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    ^ Truth. lol
     
    -j-p-shmorgan, Jul 23, 2015
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