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Rhodium's Rare OpportunityIn terms of rarity, rhodium makes gold look like paper dollars: Last year, 114 ounces of gold were mined for every ounce of rhodium, according to Deutsche Bank. Yet, at just under $1700 an ounce, rhodium is now cheaper than gold. ... read more
Commodities, Stocks Tumble On Debt Worries
The inability of the US supercommittee to reach a debt deal, coupled with ongoing European sovereign debt woes sent stocks and commodities, including Rhodium, to fall yesterday. The sovereign debt 'crisis' continues to remain a stubborn symptom of the ... read more
Raining Pain in Spain
Rhodium was unchanged at $1675 the ounce. Copper got clobbered and lost 2.4% this morning (falling to a one-month low), crude oil oozed lower towards the $96 per barrel level, and stock market indices flashed 'loss' as well. European markets fell while ... read more
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