With the current drop in precious metal prices, I am considering buying some, especially Rhodium. I have found this ETC : GB00B684MW17 . How can I find the brokers where it’s available ?
Can you estimate the true value of Rhodium to make sure you are not overpaying? Metals do not compound, they do not generate value. This is an instrument for speculation, not investment.
Not sure how, with an amount I was ready to lose it should have been ok, and with crypto you get used to two digits variations. I am only considering it now because the price is down -73% from the top. Maybe an opportunity in this crisis ?
Well, this is not the only one I am choosing, just the one I was not sure where to buy. Now you have raised my curiosity, are there any particular opportunities you are thinking of ?
I’m reading you want high risk high reward. Airlines, hospitality industry, tourism, retail, us oil producers, cruise lines. All of those are down the drain. If you pick wisely (i.e. a company which is not going bankrupt) and have the patience, you can win big. You could also try investing in Boeing
Thanks for this detailed feedback, you are reading well.
In the meantime, Rh have had a nice bounce :
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