Rhodium investing

C

Cheepo

New Member
Hi, I haven't been posting for 6-7 months. How is everybody doing?

I am looking at Rhodium. I can buy an oz for US$ 975, and likely it will drop a bit further. How good of an investment is that? When it moves it REALLY moves: it went from 500 in 2003 to 10,000 in 2008 (x 20 in 5 years), but this might be once-in a lifetime event. And the same can actually be said about silver: it went from 4 in 2001 to 45 in 2011 (x 11 in 10 years).

Is silver still a better investment, because more liquid, more industrial uses, etc?
 
G'day mate. Pleased to see you are still around.

Though I don't remember if we agreed on things or disagreed. So maybe I am not pleased? :)
 
"I said it and I repeat it: $15/oz by Christmas (2014). $12 by Christmas 2015."


I notice you now think silver will hit $12 this Christmas. I remember how you were right predicting $15 last Christmas which was against most peoples beliefs/opinions here. Cheepo was right! :D Now though I think many here are expecting it to sink around that $12 low figure. My own opinion is it won't.

Sorry but I don't know anything about Rhodium investing.
 
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