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<p>[QUOTE="Philly Dog, post: 290729, member: 7726"]Gold is down a few today so far Fed talks tomorrow. </p><p>WOW this Rhodium is up to $6,210 5 years ago it was 380.00 and as little as 2 years ago just 1300.00</p><p> </p><p>Rhodium is a silver-white metallic element, is highly resistant to corrosion, and is extremely reflective. It is used as a finish for jewelry, mirrors, and search lights. It is also used in electric connections and is alloyed with platinum for aircraft turbine engines. Another use is manufacturing of nitric acid and used in hydrogenation of organic compounds. Rhodium usage is dominated by autocatalyst applications where it is used together with platinum and palladium to control exhaust emissions</p><p> </p><p>South Africa is the major source, accounting for almost 60% of the world's rhodium supply Russia is the second largest producer, although its sales are, as with the other PGMs, volatile and subject to political intervention.[/QUOTE]</p><p><br /></p>
[QUOTE="Philly Dog, post: 290729, member: 7726"]Gold is down a few today so far Fed talks tomorrow. WOW this Rhodium is up to $6,210 5 years ago it was 380.00 and as little as 2 years ago just 1300.00 Rhodium is a silver-white metallic element, is highly resistant to corrosion, and is extremely reflective. It is used as a finish for jewelry, mirrors, and search lights. It is also used in electric connections and is alloyed with platinum for aircraft turbine engines. Another use is manufacturing of nitric acid and used in hydrogenation of organic compounds. Rhodium usage is dominated by autocatalyst applications where it is used together with platinum and palladium to control exhaust emissions South Africa is the major source, accounting for almost 60% of the world's rhodium supply Russia is the second largest producer, although its sales are, as with the other PGMs, volatile and subject to political intervention.[/QUOTE]
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