closed rhodium 1/2 oz

[Thelonerangershorse]

There's a thread somewhere about buying unobtainium, we need to invent a better name for a metal you can't get rid of.

 

[ilovesilverireallydo]

5 minutes ago, Thelonerangershorse said:

There's a thread somewhere about buying unobtainium, we need to invent a better name for a metal you can't get rid of.

 

Unsaleneum?

[greendragon]

22 hours ago, ilovesilverireallydo said:

Unsaleneum?

cantshiftium

[greendragon]

bumpium?

[8phwt]

3 hours ago, greendragon said:

bumpium?

bumpium is good

selling  at spot, cash, collect, kent. You can probably guess I'm not in a hurry!

[Oystonousted]

3 hours ago, greendragon said:

cantshiftium

Quality 

[Paul]

the web site name here needs another rename 

TheSilverForumInitiallyBeforeOptiingForGoldAndThenAddingAlittleBitCoinButDefinatleyNotGoingAddAnyRhodiumToMyStack.com

I checked GoDaddy and it is still available 

[greendragon]

1 hour ago, Paul said:

the web site name here needs another rename 

TheSilverForumInitiallyBeforeOptiingForGoldAndThenAddingAlittleBitCoinButDefinatleyNotGoingAddAnyRhodiumToMyStack.com

I checked GoDaddy and it is still available 

there MUST be other members of this forum holding on to a little rhodium?

anyone care to admit to their dirty little secret?

 

[cliveb13]

Hi Green Dragon

I have a little bit of rhodium. I got interested in precious metals for their intrinsic purity, rarity and the idea that there is a finite, limited amount. So I bought some Au, Pd, Pt and Rh and have a couple of sets for a very specific piece of the periodic table. I am a chemist to education level. I haven't tried to sell any and its not a business for me. Its a collectable thing for me and now I have a bar or more of each, and a coin ( no Rh coin ). 

I have since extended into other elements with some lovely forms of element crystals but the precious metal bars and coins are lovely. 

I am under no illusion that Rh will be hard to sell. It will and this thread shows that. But for me it was never about that. 

There. My dirty little secret is confessed... 

[steve1905]

Rhodium! Rhodium! wherefore art thou Rhodium?

[8phwt]

2 hours ago, cliveb13 said:

Its a collectable thing for me and now I have a bar or more of each, and a coin

Its lovely owning something and enjoying it for a time, but I'll confess, I like a bit of profit!

2 hours ago, cliveb13 said:

I am under no illusion that Rh will be hard to sell. It will and this thread shows that. But for me it was never about that.

I've vested interest in selling, so you can take what I say with that in mind, but I'd be cautious of forming a solid conclusions based on this one thread alone. bear in mind…

1) I'm a dinosaur with limited mobility. No posting, cash in hand. Immediately cut my potential market audience down to a very limited geographical area. I'm not sure if there are any other active threads advertising in this fashion on this forum.  
2) dealer offers buy back for a price under spot.

I think non-dinosaurs would have an easier time. Several what I'd call genuine offers from other sales boards (not thesilverforum) wanting postage, plus quie a few quite funny ones along the lines of  "I'll pay your asking, 14g is half an ounce" then quotes me the gold spot price. Hey, If you don't ask... Its an interesting thread for me seeing the responses, I'm sure other people too, I've got my little tribe of subscribers and commentators who like to respond whenever I refresh the ad. I'm a weekly/fortnightly bumper, i promise its not me with 2000+ clicks! so from a 'market research' perspective I think people are definitely curious. Public online sales forums can be a bit like rolling up at boot fair with a car-full of treasure. First the dealers will swamp you, practically try and climb into the back and unpack your stuff for you. Next wave its the circuit routine!  'much too expensive that mate' shakes head, you'll never sell it. £200! wouldn't pay £20 mate, never shift that "arf arf" look here's my mate he says the same… its all part of the banter; as long as everybody is able to make a bit of profit and have a good time in the process, its all good

On 3/14/2018 at 14:39, greendragon said:

there MUST be other members of this forum holding on to a little rhodium?

anyone care to admit to their dirty little secret?

 

For me, my motivation for diversifying into a bit of PGMs was because I wanted something in my stack that wasn't so associated with all the doom and gloom porn out there! I'm a bullion believer not a collectibles person, and so much gold and silver stacking seems to be done in response to concerns over the financial system. PGMs don't have that monetary tradition, price is going to be linked to industrial supply and demand rather than sentiment. I wanted to have something diversifying in my stack that would move upwards in response to 'positive economic growth' rather than exclusively betting on "financial collapse". I also wasn't deeply clued into the supply side of things when I originally picked-up, but I do suspect a lot of the upwards price movement is being made with one eye on whats happening in south african politics.

Personally, I'd rather just keep this sales thread, as a sales thread! love this forum for some of the discussions it generates but I reckon there are other PGM threads people could comment on, and leave this one "opinion free" and just for selling as was intended.

Thanks again for the interest.

[8phwt]

bump!

[Thelonerangershorse]

6 months down, another 6 and your little bar can have a birthday party.

[8phwt]

9 hours ago, Thelonerangershorse said:

6 months down, another 6 and your little bar can have a birthday party.

yup! but thats bullion's no.1 positive feature. It doesn't perish or grow old like recycled comments  6 months, 6 years, its a piece of stardust thats going to outlast us all. Selling at spot, cash, collect, kent. 

[8phwt]

up

[8phwt]

bump!

[8phwt]

bump!

[StackerNoob]

Commenting to do my part and keep this thread alive as long as possible. I want to see that one year anniversary.

[8phwt]

20 minutes ago, StackerNoob said:

Commenting to do my part and keep this thread alive as long as possible. I want to see that one year anniversary.

thats not very nice thing to wish on someone is it? @StackerNoob 

I'd rather pass it on to a more professional seller, ie. someone with paypal and an ebay account who can make a bit of profit off it!

I'll be on holiday for a few months soon but will have another go advertising later in the year.

[KDave]

I admire your efforts but I don't think you will find a buyer at spot here, not at these rhodium prices and not for the effort you are asking for a meet on a small value. Below spot sure you can ask to inconvenience people imo. 

[8phwt]

hi, I enjoy your contributions to the forum @KDave you make good points! Enjoyed your analysis of the housing market the other day.

Rhodium has certainly been on a good run. I was selling at spot when 1/2 oz was £565, now spot is £750 a 1/2.

I'm a terrible haggler... so I don't. Bullion and PMs is where I go do for a little rest and P&Q from the hustle of daily trading! Someone else has done all the haggling for me, prices published. nice and easy all you have to do is ride... my price is spot price.

prices too high?

who knows!  

I guess the inconvenience travelling is compensated by being able to add some rhodium to your stack at +30% below a dealer's price. <edit> maths, 34% premium over spot!

but, if its over-valued, spot price will drop and then you can buy it off me cheaper

Personally I don't think prices are extreme if you look over the historical record, but its a record of spiking rather than being stable. Today we're closer to its 10 year historical average than we were back in october 2017. I think the future outlook is very strong. I think a lot of speculators will be exiting at this point to break-even or profit take. So I'd guess prices to ease off somewhat, infact a pullback would be healthy. But moving forward India and China need loads more rhodium. Supply is very tight. Thats my technical analysis!

see you on the next bump!

[8phwt]

badabump!

[StackerNoob]

Closing in on that one year mark. Bump!

[8phwt]

10 minutes ago, StackerNoob said:

Closing in on that one year mark. Bump!

Lol! Thanks! unfortunately been out the country since May so silverforum bumpings been a bit impractical.

...Roll on 2019 when paypal finally meet their demise and ebay opens up as a sales venue again! 😉

[Goldhooked]

1 hour ago, 8phwt said:

 

...Roll on 2019 when paypal finally meet their demise and ebay opens up as a sales venue again! 😉

I’m intrigued.  Why does eBay moving to Adyen as a payment processor make eBay more usable than with PayPal?  You will still need a bank account to receive the funds.

I know some people have issues with PayPal but it’s usually self inflicted.  I’ve put well in to 6 figures of sales through PayPal over the last few years with no issues.