Physical Gold Price Breakout Signal?

The horizontal axis is the date from 4/20 to today.

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:

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) may seem random but I noticed that there were certain times when this differential spiked up.

1/12/21 is a good example.

Right before this date, the percentage differential spiked up above 1.8% and then the moving average trended upward.

By 1/12/21 the physical gold premium moved above 10% by evening.

Interesting …

The gap you see in the chart is the result of a short period of time when there was only one Ebay dealer offering coins in quantities of at least 10.

I don’t claim that this is a definitive signal of a physical gold price breakout but when I see this type of action I take take note.

As of 10/3/21 @ 7:10 PM EST the percentage differential is: 1.68%

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