Physical Gold Premium Jumps 40% 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: http://www.didthesystemcollapse.org.


UPDATE 9/23/21 @ 8:40 AM EST: The Physical Premium Percentage has come way back down as of this morning because Liberty Coin is back selling in large quantities. It now stands at 6.73%. However, the Percentage Differential Between the First & Second Low Cost Ebay Dealers is back above 2%:

Updated 9/23/21 @ 8:40 AM EST

UPDATE 9/22/21 @ 8:10 PM EST: The Physical Premium Percentage has jumped to 9.24%. Not sure if this is just a temporary thing or not but it may have something to do with the Federal Reserve Meeting today.


Spot Price (Goldprice.org): $1,767.40.

Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10) Pinehurst Coin: $1,930.64. NOTE: Pre-sales for future delivery are not counted .

Dollar Premium: $163.24

Percentage Premium (Physical/Spot): 9.24%

Premium for second lowest price dealer selling in quantities of more than 10 – APMEX: $191.48/10.83%.

Shanghai Premium to Spot Hits 2.38%.

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.


UPDATE 9/17/21: The Shanghai Premium to Spot Price is at the highest level since I started recording this information: 2.38%. Also interesting is that the Shanghai Discount to Physical is at the absolute lowest since I began this chart: -3.66%.

Interesting developments ahead?

A Sign of Stress in the Physical Gold Market?

Updated 9/16/21 @ 10:20 AM EST

UPDATE 9/16/21 @ 10:20 AM EST: The percentage differential between the two lowest cost Ebay coin dealers selling in quantities of more than 10 has jumped to almost 3%. It hasn’t been this high since early February 2021. This could signal some stress in the Physical Gold Market (assuming that the differential remains elevated).

As you can see in the above graph, this differential has remained subdued for over a month. The last big spike was on 9/8/21 when it hit 1.98%.

Shanghai Price Spikes to Large Premium Against Spot

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.


UPDATE 9/8/21: The Shanghai Premium to Spot Price is at the second highest level since I started recording this information: 1.62%. The highest discount before this was on 6/16/21 when it hit 1.86%. Also interesting is that the Shanghai Discount to Physical is at the absolute lowest since I began this chart: – 4.64%

Shanghai Discount/Premium to Spot on 9/8/21 @ 12:45 PM EST: 1.62%

Shanghai Discount to Physical on 9/8/21 @ 12:45 PM EST: -4.64%.

Physical Silver Premium Remains Subdued but it’s Still Almost 2x as High as in January 2021.

The Physical Silver Premium hit a low point on 1/4/21 of 15.65%. Then, with the “silver squeeze,” it shot up to 66.48% by 1/31/21. Since then it has fluctuated wildly – but has now settled into the high 20% range.


CURRENT UPDATE: 9/7/21 @ 12:30 PM EST

Spot Silver Price (ounce) – $24.33

Physical Silver Eagle Price (based on a 20-coin tube on Ebay): $31.14. Pre-sales for future delivery are not counted.

Current Premium: $6.81/27.97%

Bullion Exchanges is the lowest price dealer selling in quantities of over 10, 20-coin tubes.

Physical Silver Premium Remains Subdued but it’s Still Almost 2x as High as in January 2021.

The Physical Silver Premium hit a low point on 1/4/21 of 15.65%. Then, with the “silver squeeze,” it shot up to 66.48% by 1/31/21. Since then it has fluctuated wildly – but has now settled into the high 20% range.


CURRENT UPDATE: 9/7/21 @ 12:30 PM EST

Spot Silver Price (ounce) – $24.33

Physical Silver Eagle Price (based on a 20-coin tube on Ebay): $31.14. Pre-sales for future delivery are not counted.

Current Premium: $6.81/27.97%

Bullion Exchanges is the lowest price dealer selling in quantities of over 10, 20-coin tubes.

GoldAndSilverAssets.com

Just wanted to give a shout-out to the website GoldAndSilverAssets.com.

I was searching to find information on gold and silver this past weekend when I came across this website. Little did I know that it featured some of my graphs in an article published earlier this year:

How gold and silver premiums affect price.

Silver coins

My thanks to the editor of that website for citing my work.

Physical Gold Premium Remains Low

UPDATED 9/3/21 @ 11:20 AM EST: The Physical Gold Premium has remained in the mid to high 6% range since August 12, 2021. Further confirming the apparent reduced demand for Physical Gold is the very small differential between the first and second lowest cost dealers on Ebay.

I keep track of this dealer cost spread on a regular basis because it is a very good indicator of the supply/demand situation in the Physical Gold Market.

As of 9/3/21 @ 11:20 AM EST the percentage differential is: 0.03%.

Capitulation in the Physical Gold and Silver Market?

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.


Both the physical gold & silver markets are at low points right now (relatively speaking, of course).

Is this a capitulation point where it is time to buy?

Too early to tell yet but I am keeping a close watch on both of these markets.

Stay tuned …


The Physical Gold Market

CURRENT UPDATE: 8/5/21 @ 9:30 PM EST

Spot Price (Goldprice.org): $1,801.21.

Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10) Bullion Exchanges: $1,925.56. NOTE: Pre-sales for future delivery are not counted .

Dollar Premium: $124.35

Percentage Premium (Physical/Spot): 6.90%

Premium for second lowest price dealer selling in quantities of more than 10 – Liberty Coin: $126.38/7.02%.


The Physical Silver Market

CURRENT UPDATE: 8/5/21 @ 9:30 PM EST

Spot Silver Price (ounce) – $25.12

Physical Silver Eagle Price (based on a 20-coin tube on Ebay): $32.52. Pre-sales for future delivery are not counted.

Current Premium: $7.40/29.46%

Bullion Exchanges is the lowest price dealer selling in quantities of over 10, 20-coin tubes.

The Physical Gold Premium Continues to Slide – It’s Now Under 7.00%.

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.


UPDATE 8/5/21 @ 3:30 PM EST: The Physical Gold Premium has now gone under 7.00% (6.89%). This hasn’t happened since July 23, 2020.


CURRENT UPDATE: 8/5/21 @ 3:30 PM EST

Spot Price (Goldprice.org): $1,805.03.

Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10) Bullion Exchanges: $1,929.32. NOTE: Pre-sales for future delivery are not counted .

Dollar Premium: $124.29

Percentage Premium (Physical/Spot): 6.89%

Premium for second lowest price dealer selling in quantities of more than 10 – Liberty Coin: $126.43/7.00%.