Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on investing in Rhodium.
Precious Metals (Rhodium):
Rhodium is a metal that is substantially more rare than platinum. Back in February of 2016, I recommended investing in rhodium, because it had declined to just to $670 per Troy ounce, in defiance of price fundamentals. But what a difference we’ve seen, in 23 months! When I last checked at Kitco, rhodium had risen to $1,570. That is not a bad return on investment! The restoration of the price of rhodium to its historic norms vis-a-vis the other precious metals is instructive. Watch … Continue reading →