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
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
Crazy physical silver premium market recently.
Here is a summary of what happened in the physical silver premium market over the past two days:
By the afternoon of 7/30/20 the premium skyrocketed to over 60% because all of the low-cost dealers were selling in quantities of fewer than 10. Lowest cost at 3:30 PM was Bullion Exchanges. Availability @ 3:30 PM: DBS – 4, Bullion Exchanges (2020) – 3, Bullion Exchanges (Random Date) – 8, Bullion Exchanges (2001) – 2, APMEX (2020) – Limited quantity available.
Then, on the morning of 7/31/20 dealer DBS was back below 9 lots so the premium, once again, jumped above 60%.
But then Bullion Exchanges started selling in quantity later in the day. And then Liberty Coin came in with lower prices which lowered the premium later in the day back into the high 30% range.
Current Premium (7/31/20 @ 8:50 PM): $9.12/37.37%
Liberty Coin is lowest price dealer selling in quantities of more than 10.
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
Physical Silver Premium Update
By the afternoon of 7/30/20 the premium skyrocketed to over 60% because all of the low-cost dealers were selling in quantities of fewer than 10. Lowest cost at 3:30 PM was Bullion Exchanges. Availability @ 3:30 PM: DBS – 4, Bullion Exchanges (2020) – 3, Bullion Exchanges (Random Date) – 8, Bullion Exchanges (2001) – 2, APMEX (2020) – Limited quantity available.
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 silver premium jumped from 39.40% this morning to 46.73% this evening.
Why?
Because most of the low cost dealers had only 10 or fewer 20-coin lots for sale.
Bullion Exchanges had 6 lots of 2020 Eagles @ $674.86/each.
DBS had 10 lots @ $677.97/each.
Bullion Exchanges also had 9 lots of random date Eagles @ $680.44.
But the only dealer selling in lots of more than 10 was Bullion Exchanges. This company was selling 1987 tubes of 20 coins at $711.25 (as of 7:50 PM).
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
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
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 large jump in silver shown in the above chart speaks for itself. Gold advanced more modestly as indicated below.
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
Its amazing to acknowledge that the physical silver premium was as low as 24.10% on the morning of 7/22/20 because today it is almost twice as high – 43.24%.
What a difference a day makes! You can see this in the chart shown above.
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 spot physical price of silver moved above $22.00/ounce, the physical silver premium jumped from a low of 25.42% (morning of 7/21/20) to a high of 32.66% (afternoon of 7/22/20). Right now the price of silver is over $23.00/ounce.
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 spot silver price bounded over $22.00 today, the physical silver premium jumped to 34.96% from a low of 25.42% early this morning.
