sombreroloco Posted February 4, 2013 Share Posted February 4, 2013 It is ridiculously cheap and according to many deeply underrated. I know it's a massive gamble, but I am seriously tempted to throw some of my savings into it. Baird sell one ounce for 918.75+ vat: http://www.goldline.co.uk/rhodium-bars.page Quote Link to comment Share on other sites More sharing options...
long time lurking Posted February 4, 2013 Share Posted February 4, 2013 (edited) What dose the 10 year chart look like why I ask is, was there not a lot of talk about some Italian scientist discovering a way to create cold fusion using rhodium around the time of the high point on that chart Edited February 4, 2013 by long time lurking Quote Link to comment Share on other sites More sharing options...
azogar Posted February 4, 2013 Share Posted February 4, 2013 It is ridiculously cheap and according to many deeply underrated. I know it's a massive gamble, but I am seriously tempted to throw some of my savings into it. Baird sell one ounce for 918.75+ vat: http://www.goldline.co.uk/rhodium-bars.page i asked similar questions a few years back: http://www.housepricecrash.co.uk/forum/index.php?showtopic=96463 i now have bought some baird bars last year rhodium is a gamble pure and simple, but at these lows, its a gamble i'm prepared to take i bought palladium in 2009 and it has outperformed both gold and silver Quote Link to comment Share on other sites More sharing options...
sombreroloco Posted February 4, 2013 Author Share Posted February 4, 2013 i asked similar questions a few years back: http://www.housepric...showtopic=96463 i now have bought some baird bars last year rhodium is a gamble pure and simple, but at these lows, its a gamble i'm prepared to take i bought palladium in 2009 and it has outperformed both gold and silver Can you buy less than an ounce? Quote Link to comment Share on other sites More sharing options...
azogar Posted February 4, 2013 Share Posted February 4, 2013 Can you buy less than an ounce? not with physical Deutsche Bank have a rhodium etf: http://www.etc.db.com/GBR/ENG/ETC/Productdetails/GB00B684MW17 but this wouldn't be for me - quite a large spread as well Quote Link to comment Share on other sites More sharing options...
sombreroloco Posted February 4, 2013 Author Share Posted February 4, 2013 not with physical Deutsche Bank have a rhodium etf: http://www.etc.db.co...ls/GB00B684MW17 but this wouldn't be for me - quite a large spread as well I wonder who would buy back a Rhodium bar once you want to sell it. Probably another collector. Or a jeweller. Quote Link to comment Share on other sites More sharing options...
azogar Posted February 6, 2013 Share Posted February 6, 2013 I wonder who would buy back a Rhodium bar once you want to sell it. Probably another collector. Or a jeweller. You can sell it back to bairds, ex vat tho! Quote Link to comment Share on other sites More sharing options...
sombreroloco Posted February 6, 2013 Author Share Posted February 6, 2013 You can sell it back to bairds, ex vat tho! At which price? They don't publish a buy back price unlike CoinInvestDirect. Quote Link to comment Share on other sites More sharing options...
azogar Posted February 7, 2013 Share Posted February 7, 2013 At which price? They don't publish a buy back price unlike CoinInvestDirect. you have to phone first to get a fix http://www.goldline.co.uk/contactPage.page send it within 2 days spec. del. to be honoured Quote Link to comment Share on other sites More sharing options...
azogar Posted February 7, 2013 Share Posted February 7, 2013 Can you buy less than an ounce? err, i confess its been a while since i looked at the baird page, seems they have spread their choice...... http://www.goldline.co.uk/rhodium-bars.page Quote Link to comment Share on other sites More sharing options...
lightbreeze Posted February 10, 2013 Share Posted February 10, 2013 This put me off rhodium. http://www.sae.org/mags/aei/power/11377 Quote Link to comment Share on other sites More sharing options...
sombreroloco Posted February 11, 2013 Author Share Posted February 11, 2013 err, i confess its been a while since i looked at the baird page, seems they have spread their choice...... http://www.goldline....odium-bars.page It's way over spot: http://www.cooksongold.com/metalprices/ No Rhodium for me (yet). Quote Link to comment Share on other sites More sharing options...
padjo Posted October 18, 2017 Share Posted October 18, 2017 Not sure if anyone visits this part of the site anymore but I thought this thread was worth resurrecting considering the recent price rise in Rhodium. I bought some last year, simply because the price was very low. Since then it has almost doubled in price and has really shot up over the last month. Has anyone here any idea why this is now happening? Dare I dream of the $10,000/oz of mid 2008? Quote Link to comment Share on other sites More sharing options...
Renthard Posted April 17, 2018 Share Posted April 17, 2018 I note that Rhodium is now worth over 2000 usd per ounce and still rising as per Baird & Co website. Might be worth a punt... I see that Palladium is ridiculously high relative to Platinum and Gold. Anyone got any knowledge explaining these price moves? Quote Link to comment Share on other sites More sharing options...
Travisher Posted April 17, 2018 Share Posted April 17, 2018 Probably some new catalyst use. If it really can be used to create hydrocarbons from air in a solar furnace, it might suddenly be in huge demand. Quote Link to comment Share on other sites More sharing options...
padjo Posted May 22, 2018 Share Posted May 22, 2018 Now selling for $2400/oz on Bairds. I can't find any info explaining why this is. Maybe it's a speculative bubble. Quote Link to comment Share on other sites More sharing options...
Will! Posted August 3, 2018 Share Posted August 3, 2018 Bloomberg: World’s Priciest Precious Metal Set to Blossom as Shortage Looms Quote Link to comment Share on other sites More sharing options...
chronyx Posted August 4, 2018 Share Posted August 4, 2018 Can't find anything like an ETF available on Hargreaves Lansdown so I guess they are banned and physical it is Quote Link to comment Share on other sites More sharing options...
chronyx Posted August 4, 2018 Share Posted August 4, 2018 "South Africa is the major source, accounting for almost 60% of the world's rhodium supply" Well that explains the price increase, with SA going to pot Quote Link to comment Share on other sites More sharing options...
padjo Posted August 15, 2018 Share Posted August 15, 2018 On 04/08/2018 at 15:56, chronyx said: Can't find anything like an ETF available on Hargreaves Lansdown so I guess they are banned and physical it is Kitco does a Rhodium Pool Account. Quote Link to comment Share on other sites More sharing options...
chronyx Posted August 15, 2018 Share Posted August 15, 2018 53 minutes ago, padjo said: Kitco does a Rhodium Pool Account. Thanks, I'll look into that Quote Link to comment Share on other sites More sharing options...
Hecto Posted September 14, 2018 Share Posted September 14, 2018 What I like about Rhodium is how rare it is. Around 25 tonnes a year is mined mostly from South Africa. It is around 100 times rarer than gold. Less than 800 thousand people could each buy a 1 ounce bar every year. That would be without any Rhodium being used in industrial or auto applications. It is only relatively recently Rhodium became available to purchase in bar / coin form. The Johnson Matthey website has some good detailed Rhodium information in their free pgm market report for May 2018 on their website. Quote Link to comment Share on other sites More sharing options...
Renthard Posted January 9, 2019 Share Posted January 9, 2019 Thought I would revisit this thread since Rhodium continues to rise steadily and I remain very enthusiastic about this metal, I believe it will continue to go up this year... there just isn't enough of it and price is being largely driven by new emission rules in China. Mainstream investment media is starting to cotton on now (very slowly). Even with the VAT applicable to bars and coins it's still possible to make a return at this rate of price appreciation, and I wouldn't touch Kitco pool accounts (Kitco has a history of financial woes) nor ETFs / derivatives with a barge pole, as if you don't hold it you don't own it IMHO. Can buy really small 1/10oz bars at Baird and Co now as well: https://www.bairdmint.com/rhodium They even have a Tuvalu coin with only 1000 mintage, the first of it's kind in the world... am very tempted but slightly skint after christmas. Baird buy back as well (dunno what percentage, have to ring them) and they usually sell well on ebay as I occasionally check there too, giving you an exit Quote Link to comment Share on other sites More sharing options...
Renthard Posted January 9, 2019 Share Posted January 9, 2019 Oops link didn't work sorry... Here's the page with the really tiny bars: https://www.bairdmint.com/products/rhodium-minted-bar--110oz Quote Link to comment Share on other sites More sharing options...
Hecto Posted March 7, 2019 Share Posted March 7, 2019 1 ounce of Rhodium at Baird's now almost £2450.00 without VAT. Was looking to buy a Tuvalu coin if it dropped back below 2K. 1 ounce Baird bar is slightly more expensive than the 1 ounce Tuvalu coin at present. Media saying possible miner strikes in South Africa, mine closures, electricity supply issues could impact both gold and platinum group mines. Quote Link to comment Share on other sites More sharing options...
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