I've been bullish on rhodium for a while. It really is performing well, up almost 30% since Jan 1 and 4% in the last two days.
I really don't know what is going on short term, but I still like the long term. It is only mined as a byproduct of platinum and palladium. The miners of those metals are in trouble, so we will likely see production down.
Meanwhile, demand remains good from a wide variety of industries.
Here's a chart of the price:
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