Row Row Rhodium-Gently down the .....

So much has been written and discussed about the bullish trends of silver and gold. These two commodities provide safe harbors for those of us concerned about the strength of the Euro and Dollar. I for one don't know how the Euro continues to perform so well amidst Portugal and Greece's bankruptcy issues and other countries like Ireland and Spain in serious financial calamity. Markets always stretch and contract and right now we are seeing some serious stretching. Stocks continue to perform well in the United States, although data suggests that the housing market is not half of what is needed for a healthy economy.
Although gold and silver are relatively safe bets for the time being, I'd like to draw attention to another commodity that has fallen upon some hard times. Rhodium was nearing $3,000 a year ago and was a popular commodity option. A year later we are seeing a different story. Rhodium is now under $2.300 as Kitco so nicely illustrates for you graph lovers (http://www.kitco.com/charts/popup/rh0365lnb.html). Hopefully nothing will happen like this to the gold market and we'll see a 25% decrease in price, but anything can happen in the market.