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Old 12-02-2011, 06:11 PM
littlechief littlechief is offline
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Join Date: Nov 2011
Posts: 8
Default Rhodium vs. other PGM?

A lot of us are bullish on Pt and Pd, as am I, because their prices are coming virtually to the price it takes to mine them. JM also said there will be a soon coming deficit in 2012 as demand ramps up. But what about Rhodium? Rhodium is proportionally the lowest in price out of the 3, and I'm sure since its so rare it is even more expensive to mine but it is virtually the same price as platinum. Also, where there is demand for Pt and Pd, doesn't demand for Rh go hand in hand with its use in catalytic converters (and it is virtually unsubstitutable!). I have have a position in Rh but I'm thinking of selling it (unfortunately at a loss) for Pt or Pd, just because people are so bullish and are buying it up like crazy. What are your guys thoughts?
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Old 12-06-2011, 11:52 AM
Copperhead's Avatar
Copperhead Copperhead is offline
Join Date: Oct 2007
Posts: 2,534

You know, if you sell now rhodium with go up to $10,000? I can see why you feel the way you do but remember all the metals have their
own day eventually.
You never look back, you keep going foreword.
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