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.
Since the beginning of 2021, the Shanghai gold fix price has been at an almost continuous premium to the Spot price. But for some reason starting around 6/1/21, this has not been the case. Now Shanghai is lower than Spot as the above chart makes clear.
Not sure if this is just a temporary situation or the sign of some significant change in the market but I wanted to make sure all of my readers were aware of this situation.
You can keep track of the Shanghai vs. Spot/Physical relationship on my webpage here. I update the charts on that page every weekday morning.
Did The System Collapse? 