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<p>[QUOTE="Juan Blanco, post: 1616193, member: 41665"]<a href="http://money.msn.com/now/post.aspx?post=ad38bb75-cff9-4f80-afa7-6cf04e046bf6" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://money.msn.com/now/post.aspx?post=ad38bb75-cff9-4f80-afa7-6cf04e046bf6" rel="nofollow">http://money.msn.com/now/post.aspx?post=ad38bb75-cff9-4f80-afa7-6cf04e046bf6</a></p><p><br /></p><p>This was EXACTLY my point, early last week. PM leadership looks like it's changed!</p><p><br /></p><p>Well I'm more bullish on Pt than Au, obv. Admittedly I've been a bigger fan of PGM investments for awhile now. I still think Rhodium will be the best PM long term at the current price (a screamin' BUY!) Why? Relative to Gold, Rhodium hasn't been this cheap since late 1996/early 1997. In those very low months' Rhodium prices, the Rh/Au ratio averaged 1.58:1,<b> it's now 1.53:1</b> ... fwiw the historic lowest monthly price avgs (in recorded USD$ history) are ~1.18:1, 1.25:1 ....so <i>RING THE BELL!</i> </p><p><br /></p><p>Rhodium just doesn't get any cheaper, folks, and <i>BUY LOW </i>means exactly that too. But each to his or her own choice.</p><p><br /></p><p>Typically, much rarer Rhodium is ~ 5x - 10x <i>more expensive </i>than Gold. <b><i>So for Peaks, SELL Rhodium </i>when it's 9x - 12x POG.</b> That's happened 2-3 times every 20 years since the 1960s (anticipating similar long cycles the chart below shows for the 20th C.) History doesn't repeat but usually rhymes.</p><p><br /></p><p>For bullionist hoarders,<i> long-term holding & profitable selling </i>Rhodium is reasonable speculation at small allocation. If you think POG will be a nominal USD$ 3,000. in 2020 or 2027, your Rhodium SELL target will be $27,000 - 36,000. in 7 - 14 years. Obviously this strategy is NOT for 'flippers' ; personally I don't think <u>any</u> PM bullion makes sense to try to 'flip' anyway though. fwiw I first mentioned 'watch Rh' to clients back in late 2010, years before the Baird Mint ingot was available. </p><p><br /></p><p>If you believe in diversification (~5-10% your pm stake) and long-term bets (deep reserve until then) ...cheap-cheap Rh ingot from a reputable dealer is the obvious choice now.</p><p><br /></p><p>[ATTACH=CONFIG]229027[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1616193, member: 41665"][URL]http://money.msn.com/now/post.aspx?post=ad38bb75-cff9-4f80-afa7-6cf04e046bf6[/URL] This was EXACTLY my point, early last week. PM leadership looks like it's changed! Well I'm more bullish on Pt than Au, obv. Admittedly I've been a bigger fan of PGM investments for awhile now. I still think Rhodium will be the best PM long term at the current price (a screamin' BUY!) Why? Relative to Gold, Rhodium hasn't been this cheap since late 1996/early 1997. In those very low months' Rhodium prices, the Rh/Au ratio averaged 1.58:1,[B] it's now 1.53:1[/B] ... fwiw the historic lowest monthly price avgs (in recorded USD$ history) are ~1.18:1, 1.25:1 ....so [I]RING THE BELL![/I] Rhodium just doesn't get any cheaper, folks, and [I]BUY LOW [/I]means exactly that too. But each to his or her own choice. Typically, much rarer Rhodium is ~ 5x - 10x [I]more expensive [/I]than Gold. [B][I]So for Peaks, SELL Rhodium [/I]when it's 9x - 12x POG.[/B] That's happened 2-3 times every 20 years since the 1960s (anticipating similar long cycles the chart below shows for the 20th C.) History doesn't repeat but usually rhymes. For bullionist hoarders,[I] long-term holding & profitable selling [/I]Rhodium is reasonable speculation at small allocation. If you think POG will be a nominal USD$ 3,000. in 2020 or 2027, your Rhodium SELL target will be $27,000 - 36,000. in 7 - 14 years. Obviously this strategy is NOT for 'flippers' ; personally I don't think [U]any[/U] PM bullion makes sense to try to 'flip' anyway though. fwiw I first mentioned 'watch Rh' to clients back in late 2010, years before the Baird Mint ingot was available. If you believe in diversification (~5-10% your pm stake) and long-term bets (deep reserve until then) ...cheap-cheap Rh ingot from a reputable dealer is the obvious choice now. [ATTACH=CONFIG]229027[/ATTACH][/QUOTE]
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