12 votes

Just FYI, This is Rhodium

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Cyril's picture

+ $70/ozt overnight.

+ $70/ozt overnight.

Hmmm.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

$1,355/ozt as of today.

I posted when it was $100/ozt lower.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

Via the CBMint blog :

Via the CBMint blog :

(mentions the Deutsche Bank report (1/2014) about Rhodium's fundamentals perspectives from today, to 2017)

August Surge in Rhodium Price :

http://blog.cbmint.com/2014/08/august-witnessing-surge-rhodi...

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

$1,335/ozt as of today

$1,335/ozt as of today.

Huge premiums on bullion observed at most (all?) of the few retailers holding some for investors, btw.

Interesting fundamentals-related article from Mr. Lifton, also :

(On why, unless of a sudden breakthrough, even fuel-cell-vehicles (FCVs) won't change the rules of the usage game for rare earth metals any time soon)

http://www.techmetalsresearch.com/2014/03/fuel-cell-vehicles...

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

Over $1,300/ozt now.

Over $1,300/ozt now.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

Rhodium Supply and Demand, Market data tables 2004 - 2013

Rhodium Supply and Demand, Market data tables 2004 - 2013, by Johnson Matthey :

http://www.platinum.matthey.com/media/816552/rh_04_to_13.pdf

Lines worth of note:

* Total Supply
* Total Net Demand
* Movements in Stock

Supply / Demand projections for 2014 visible at :

http://www.platinum.matthey.com/services/market-research/pgm...

'HTH,

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

Rh still climbing, it seems.

Rh still climbing, it seems.

http://www.infomine.com/investment/metal-prices/rhodium

Rhodium Poised for Biggest Monthly Advance Since 2009 (7/28/2014)

http://www.bloomberg.com/news/2014-07-28/rhodium-poised-for-...

"Rhodium advanced to the highest price in 16 months and is set for the biggest monthly gain since 2009 as demand from carmakers increased amid restricted supply.

The metal, used in catalytic converters to curb harmful emissions, has rallied 40 percent since reaching a nine-year low of $890 an ounce in December. Prices will be “well supported” as more usage in cars reduces above-ground inventories that total about 1 million ounces, Mitsubishi Corp. International (Europe) Plc wrote in a report earlier this month [...]

[...] About 80 percent of production comes from South Africa, according to Johnson Matthey. *More than 70,000 workers downed tools in the nation from January to June in a pay protest*. Rhodium has gained 28 percent this year. It’s set for the first annual increase since 2009, when prices doubled. “Despite strong fundamentals, we do not rule out a short-term reversal in rhodium,” Heraeus said. There will be some traders “who will want to take profits.” [...]"

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

Nice :) Thanks for digging it up :)

Nice :) Thanks for digging it** up :)

** pun intended

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Smart and Funny!

:)

time is wasted in minutes not hours

Cyril's picture

Just got myself a little bit of it. Out of mere curiosity ;)

Just got myself a little bit of it.

Out of mere curiosity ;)

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Wish I had some spare change

...

Cyril's picture

I hear you, I've been there...

I hear you, I've been there...

But hey, remember Au and Ag are still out there, as The Cruelest Joke Ever Played (especially the latter) :

The Cruelest Joke Ever Played

http://www.dailypaul.com/282804

...

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

The Cruelest Joke is still being carried out...

The Cruelest Joke is still being carried out... until it won't, any longer.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius