Posted 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
NOTE: As of 11:50 AM EST on 2/1/21 there are no dealers on Ebay selling 20-coin tubes in quantities over 10. It appears, once again, that physical silver has gone “no offer.”
As was the case yesterday, there are many individuals selling 20-coin tubes, but dealer offers in any kind of quantity have all but vanished. I am still using the APMEX physical price to calculate percentage premium even though the company indicates limited supply.
LAST GRAPH UPDATE: 2/1/21 @ 11:50 AM EST.
Spot Silver Price (ounce) – $28.98
Physical Silver Eagle Price (based on a 20-coin tube on Ebay): $45.99.
Current Premium: $17.01/58.69%
APMEX is the lowest price dealer selling in limited quantities only.
UPDATE 2/1/21 @ 8:55 AM EST: APMEX is still offering 20-coin silver eagle tubes in quantity. Percentage premium is 58.90%.
UPDATE 1/31/21 @ 7:00 PM EST: Now that the Spot marked is open things have calmed down a bit. Currently AMPEX has come in as the lowest cost dealer and the percentage premium has declined to 36.65%. But by 9:40 PM EST the premium had jumped back above 60%.
UPDATE 1/31/21 @ 5:00 PM EST: There are no dealers selling in quantity on Ebay – the physical silver market has gone, essentially, “no offer.” I picked an individual selling 10, 20-coin lots in order to get my updated percentage premium of 66.48%.
UPDATE 1/31/21 @ 2:00 PM EST: Aydin Coin is sold out. The next best deal is a 40-coin lot from Bullion Exchanges. I am using this price rather than a 20-coin price because there are, literally, no dealers selling 20-coin lots in quantities of more than 10. This is why the premium on physical silver declined from its 66.22% high earlier in the day.
UPDATE 1/31/21 @ 12:00 NOON EST: Aydin Coin is still lowest cost but now it indicates a delay in shipping. Current percentage premium is 44.63%. By 1:30 the premium had moved over 60%.