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.
As the above chart illustrates, the Physical Silver Premium hit a recent low on 9/14/21 of 26%. Since then you can see that the premium has steadily and relentlessly crept up. It has now surpassed the 40% mark. Besides a very brief spike in late August, the last time it was this high was way back at the end of July 2021.
We will see if this trend has legs.
Did The System Collapse? 
Thanks for your work. For those of us who are not as knowledgable as some, (well – me anyway) I’d appreciate your comments about what these movements mean and your analysis of trends.
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Thanks for your comment. I actually try to avoid posting any analysis/opinion on my site – just the data as I collect it. However, I do have thoughts about what my data & graphs mean. The physical gold premium is real and, although it has recently declined, it is still elevated from pre-corona days. The same is true of the physical silver premium. I would be shocked if we ever went back to a situation where silver premiums were in the single digits.
In fact, when I look at my chart for silver, I am amazed at how cheap I used to be able to buy it at a mere $2.00 over spot. I even remember my rule back then not to pay more than $400.00 for a 20-coin tube on Ebay. Those days are long gone.
Bottom Line: I am not sure that my charts say anything more than that there is a continuing tightness in the precious metals market. I also think that they are helpful in keeping tabs on this tightness on a daily basis. Unfortunately, I have found no way to use them to trade the metals in any consistent way.
My opinion is that this tightness is a signal of the instability of the current monetary system. When I see the physical premium elevated for an extended period of time, this will be a sign for me that the breaking point is near.
Did the system collapse? We clearly aren’t there yet.
As a result, I believe that a core part of a portfolio should contain gold/silver to be held long-term because as the dollar’s value erodes, their prices will increase. I am also of the opinion that precious metals miners will benefit from this situation and so serious money can be made in them.
Hope that helps somewhat.
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