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Steve Smith

Rhodium

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I'm thinking of bying some Rhodium. Not really a bullion metal I know, but these folks are offering coins for what seems a fairly reasonable price...

http://www.rhodiumcoin.com/

Now a while ago it was really really expensive, but given its industrial useabes and the crunch, it's more affordable at the moment. I'm thinking it's possibly a good hedge against another boom and drop in gold and silver price. If it went back up to 10K/oz or so and one had bought now, it would be pleasing and given it's rarity and general usefulness, I guess it will probably not drop much more.

Any thoughts anyone?

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Steve,

Precious metals usually provide an umbrella for metals that should just be labeled expensive.

If you want a punt to speculate, then each to their own, buy rhodium.

Far as I am concerned there are two pm's, silver and gold.

Gold is my sole pm of choice. Ticks all the boxes.

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