Rhodium

Discussion in 'Commodity Futures' started by FCCT, Nov 3, 2008.

  1. FCCT

    FCCT

    Rhodium

    I don't know what it is or what it's used for but I do know I want to buy some.

    Anyway to play this other than a $400 commission at Kitco.

    http://www.kitco.com/charts/rhodium.html

    Does anyone know any PGMs company producing a significant amount of Rhodium?
     
  2. Contact the CME and ask them to list a futures contract for it. :cool:
     
  3. why???
     
  4. kxvid

    kxvid

    You can buy rhodium places. Type in rhodium in alibaba and you will see. It is sold powder form obviously for it's primary purpose of plating.

    There are also a few companies specializing in specialty metals that produce rhodium reagents and rhodium in solid form for catalyst reactions and such.

    But I am sure if you buy from any of them they will make $400 commissions at kitco look like peanuts. And good luck selling the stuff later for a good price if it appreciates. Probably your best bet is powder as it is a more liquid asset and can be easily sold to jewelers without much trouble.