Rhodium Price Drop AgainWe've been seeing quite a bit of activity in the rhodium price over the course of April. I can't tell you how timely this is for my investment strategy!
With all the other precious metals at or near their all time highs, rhodium is no where close. Granted, it may never go as high as $10,000 per ounce again, but still, I feel it's greatly under valued at the current $2200 per ounce.
What I feel will happen is that either rhodium will reach $5000 before this PGM run is over or else the other metals will come tumbling down without rhodium falling too much. I could be wrong, but my strategy is to buy rhodium. But why buy now when it keeps falling? The more it falls the more I can buy, also, the more room it has to climb!