Rhodium buy opportunity....

Discussion in 'Commodity Futures' started by Akuma to Shin Tenshi, Dec 25, 2024.

  1. Almost as good as a negative oild price a few years back. What just happened to Rhodium pricing .... The bottom just fell out.

    Akuma
     
    Picaso and Andrew34 like this.
  2. Sekiyo

    Sekiyo

    It’s trading like a shitcoin xD

    IMG_1714.jpeg
     
    Picaso likes this.
  3. BKR88

    BKR88

     
    zdreg and NoahA like this.
  4. mervyn

    mervyn

    non-chinese speculators are losing their shirts because they are bidding up the price thinking to squeeze the market, while the chinese are working on the supply chain to drive down the costs of battery production. two mindsets.
     
    Picaso likes this.
  5. Akuma to Shin Tenshi likes this.
  6. TheDawn

    TheDawn

    It's called corner the market.
     
  7. mervyn

    mervyn

    if you are not a user of a product, just holding ton of paperwork won’t do it, just like otc bets.
     
  8. Andrew34

    Andrew34

    Do you think it is just short term dip? Something bigger at play?