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 Shanghai Gold Fix Price is now at its lowest discount to physical gold since I started keeping track on April 1, 2020.
Shanghai Discount to Physical on 8/2/21 @ 10:45 AM EST: -6.12%
This is yet another sign that the physical gold price has weakened – a fact that jumps out at you when you look at the current Physical Gold Premium Over Spot.
Stating the obvious, either the supply is now more than adequate for what people want or the demand has let up.
Did The System Collapse? 