Written by Gregory Monte.
For graphs showing the physical gold & silver premiums as well as the current physical gold/silver ratios compared to spot, please go to my website: http://www.didthesystemcollapse.org
Physical Gold Premium Summary
UPDATE: 10/15/20 @ 7:30 PM EST.
Spot Price (Goldprice.org): $1,908.47
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10) – Bullion Exchanges – $2,052.76
Dollar Premium: $144.29
Premium Percentage (Physical/Spot): 7.56%
Second lowest price dealer selling in quantity is APMEX: $2,055.49/7.70% Premium).
UPDATE: 10/15/20 @ 2:10 PM EST.
Spot Price (Goldprice.org): $1,905.65
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10) – Bullion Exchanges – $2,049.30
Dollar Premium: $143.65
Premium Percentage (Physical/Spot): 7.54%
Second lowest price dealer selling in quantity is APMEX: $2,052.39/7.70% Premium).
Physical Silver Premium Summary
This chart shows the physical silver premium over spot based on the prices from GoldPrice.Org and the Ebay Dealer Price for a roll of 20 Silver Eagles (selling in quantities of more than 10). The first data point is my last purchase of a 20 roll of Silver Eagles back in August of 2019 when the premium was only 13.47%.
LAST GRAPH UPDATE: 10/15/20 @ 7:30 PM EST.
Spot Silver Price/Ounce – $24.29
Physical Silver Eagle Price (based on a 20-coin tube on Ebay): $28.71
Current Premium: $4.42/18.19%
APMEX is the lowest price dealer selling in quantities of more than 10.
UPDATE 10/15/20 @ 7:30 PM: Physical premium is STILL under 20% – 18.19% to be exact.
Physical vs. Spot Gold/Silver Ratio Summary
Did The System Collapse? 