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
I don’t usually post this often on a given day but today is different. The physical gold premium has really started to move upward. It now stands at 10.22%. You can see the large spike in the chart included above. It hasn’t been this high since 5/27/20. Something appears to be happening but I don’t have any idea what it is.
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
I can’t say this spike is a sign of anything yet. It needs to be sustained for a longer period of time but this is certainly a development worth watching.
LAST GRAPH UPDATE: 1/12/21 @ 2:00 PM EST. Update @ 3:00 PM EST – premium at 9.97%.
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 chart which appears above shows how the Ebay (physical) price of gold differs between the lowest vs. the second-lowest cost dealer. The trend line (in red) shows that this differential has been declining over time – but I noticed that there are certain times when this differential spikes up. I don’t know if this is an important number, but I decided to include it so that visitors to this site can keep track of it.
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 physical silver premium hit a low on 1/5/21 of 15.66%. Since then it has increased by almost 15% and now stands at 18.33%. Not sure why this is occurring but thought it was an interesting development.
Looking at the Shanghai discount/premium on a percentage basis, it appears that the discount to SPOT has been narrowing since it hit a low on 8/11/20 of -6.62%. It now stands at -1.66%.
I decided to include this new page to my website so that visitors could see how the Shanghai price of gold compared to the SPOT and Physical Prices. From what I can tell, the Shanghai price has not varied very much from the SPOT price since I started keeping records on April 1, 2020. This suggests to me, again, that the system has not collapsed yet.
The Shanghai price is taken from Kitco and is an average of the AM and PM prices.
The SPOT price is taken from Goldprice.org and is an average of all of the spot prices that I captured over the course of the day.
The Physical price is taken from Ebay.com and is also an average of all of the prices I recorded during the course of the day.
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
Physical Gold and Silver Premium Charts 12/18/20 @ 9:35 PM EST
This chart shows the physical silver premium over spot based on the prices from GoldPrice.Org and the Ebay Dealer Price for a roll of 20 Silver Eagles (selling in quantities of more than 10). The first data point is my last purchase of a 20 roll of Silver Eagles back in August of 2019 when the premium was only 13.47%.
DBS Coin is the lowest price dealer selling in quantities of more than 10.
UPDATE 12/18/20 @ 9:35 PM EST: Physical silver premium has now dropped below 17%. This is getting close to the standard premium that existed before the Corona Virus Pandemic Scare of early 2020. I purchased a roll of Silver Eagles back in August of 2019 at a 13.47% premium.
Graph Start Date – April 6, 2020.
Rather than simply dividing the spot prices of gold and silver, my ratio is based on the physical gold and physical silver prices from Ebay – thus it is a “physical” ratio.
The orange line is the spot ratio, blue is the physical ratio and grey is the difference between the two.
Notice that the these two ratios have been converging slowly. This is easiest to see in the grey line. It hit a high of over 35 on 5/5/20 and has since declined to about 7.00.
What this means is that there is a very low physical premium over spot – and that means that the system has not collapsed … yet.
LAST GRAPH UPDATE: 12/18/20 @ 9:35 PM EST
Spot Gold/Silver Ratio: 72.92
Physical Gold/Silver Ratio: 67.22
Spot Minus Physical Ratio: 5.69
The above chart shows the percentage premium of the spot vs. physical gold/silver ratio.
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
All Charts are Updated 12/17/20 @ 8:15 PM EST
This chart shows the physical silver premium over spot based on the prices from GoldPrice.Org and the Ebay Dealer Price for a roll of 20 Silver Eagles (selling in quantities of more than 10). The first data point is my last purchase of a 20 roll of Silver Eagles back in August of 2019 when the premium was only 13.47%.
DBS Coin is the lowest price dealer selling in quantities of more than 10.
Rather than simply dividing the spot prices of gold and silver, my ratio is based on the physical gold and physical silver prices from Ebay – thus it is a “physical” ratio.
The orange line is the spot ratio, blue is the physical ratio and grey is the difference between the two.
Notice that the these two ratios have been converging slowly. This is easiest to see in the grey line. It hit a high of over 35 on 5/5/20 and has since declined to about 7.00.
What this means is that there is a very low physical premium over spot – and that means that the system has not collapsed … yet.
LAST GRAPH UPDATE: 12/17/20 @ 8:15 PM EST
Spot Gold/Silver Ratio: 72.87
Physical Gold/Silver Ratio: 67.15
Spot Minus Physical Ratio: 5.72
This chart shows the percentage premium of the spot vs. physical gold/silver ratio.
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 Gold and Silver Premium Charts – 12/16/20 @ 7:45 PM EST
This chart shows the physical silver premium over spot based on the prices from GoldPrice.Org and the Ebay Dealer Price for a roll of 20 Silver Eagles (selling in quantities of more than 10). The first data point is my last purchase of a 20 roll of Silver Eagles back in August of 2019 when the premium was only 13.47%.
DBS Coin is the lowest price dealer selling in quantities of more than 10.
Graph Start Date – April 6, 2020.
Rather than simply dividing the spot prices of gold and silver, my ratio is based on the physical gold and physical silver prices from Ebay – thus it is a “physical” ratio.
The orange line is the spot ratio, blue is the physical ratio and grey is the difference between the two.
Notice that the these two ratios have been converging slowly. This is easiest to see in the grey line. It hit a high of over 35 on 5/5/20 and has since declined to about 7.00.
What this means is that there is a very low physical premium over spot – and that means that the system has not collapsed … yet.
Graph Start Date – April 6, 2020.
NOTE: The spot gold/silver ratio is higher than the physical gold/silver ratio – but the trend appeared to be moving downward until silver and gold started spiking toward the end of July/early August. After a huge increase in physical silver premiums in early August (which spiked the percentage premium to all times highs near 150%), the premium has settled down below 111%. It is now at close to the lowest premium since I started keeping track of the ratio. See recent developments on my website for more details.
Did The System Collapse? 