
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.
The chart which appears above shows how the Ebay (physical) price of gold differs between the lowest vs. the second-lowest cost dealer. The 90 Period Moving Average (in red) is hard to interpret but I noticed that there are certain times when this differential spikes up. I don’t know if this is an important number but I decided to include it so that visitors to this site can keep track of it.
1/12/21 is a good example. The percentage differential spiked up above 1.8% early in the day and this was followed by the physical gold premium moving above 10% by evening. Interesting …
Why This May Be Important
I decided to post tonight because the premium difference between the 1st and 2nd lowest cost physical dealers on Ebay has jumped dramatically this evening. As the graph shows, usually the spread is very low – in the range of less than 0.50 %. However, for some reason (which may be only temporary), this difference has increased to almost 3.00%.
UPDATE 3/25/21 @ 7:00 PM EST: The second lowest cost dealer selling in quantity is no longer Liberty Coin. Now APMEX has attained this slot which has increased the premium immensely. The premium for APMEX is : $245.21/14.1.9%.
Perhaps by the morning things will have settled down. I will continue to monitor this situation.
UPDATE 3/26/21 @ 7:45 AM EST: Well, things have definitely not settled down this morning. The differential between the 1st and 2nd lowest cost physical dealers on Ebay has actually increased to 3.13%. The premium for second lowest price dealer selling in quantity now appears as follows – APMEX: $244.73/14.19% (Liberty Coin only has 5 coins available).