Friday, March 24, 2017

Rhodium is going crazy!

I've been bullish on rhodium for a while and wrote an article about it in SA. It really is performing well, up almost 30% since Jan 1 and 4% in the last two days.
I really don't know what is going on short term, but I still like the long term. It is only mined as a byproduct of platinum and palladium. The miners of those metals are in trouble, so we will likely see production down. Meanwhile, demand remains good from a wide variety of industries. Here's a chart of the price:
Still, even now it's really cheap on a long run basis:

5 comments:

  1. Thankyou very much for your post. Click below my link and get more information:-
    Equity trading tips with highest perfection with very easy foramt so that traders can understand and does not gets confused for trading very easily.
    Equity Tips
    Commodity Market advisory

    ReplyDelete
  2. Thankyou very much for your post. Click below my link and get more information:-


    www.golden-slot.com

    ReplyDelete
  3. CAPITALSTARS WISHES A VERY HAPPY NAVRATRI TO ALL

    This Navratri Get Exciting Offer

    7 Days Extra On Monthly Services
    15 Days Extra On Quarterly Services
    1 Month Extra On Half Yearly Services
    3 Month Extra On Yearly Services
    Share Market Company

    ReplyDelete

Comments are welcome, although I can't promise to answer every question.