Replies to post #220719 on Zeev's Turnips Patch-No Politics (ZEEV)

[choad]

Zeev, doing a little historical comparison between the two metals pd and pt. 3/19/04 + $612 pt, 11/02 +400 pd. What creates such large swings away from the 2/1 ratio and what's keeping pt from coming down to pd to bring todays ratio into historical norms? tia

[carl_p_r2]

Yes, Zeev. I have been watching Rhodium with interest. Unfortunately I haven't figured out how to trade it. It isn't traded on a futures market, unlike Pt. I have found several sites where you can buy it, but only one where you can sell it, KITCO, and their spreads are horrible. They currently will sell you Rhodium for $830 and buy it back for $680 in their pool accounts. Do you know a better way to trade Rhodium? I'm not touching spreads like that.

By the way, when you are ready to don the shiny bull horns and take off the stinky bear suit, I will be happy to clean it for you and make any necessary minor repairs. I can assure you it will be ready to wear and in good condition when you are ready for it again in 2005.

Carl