Physical gold and silver inventory watch

[PMBug]

As mentioned in my original 100 ozt silver bar watch thread, I've started an Excel spreadsheet to track the inventory of a few gold and silver products at apmex. This isn't an exact science, but hopefully will yield some useful information anyway.

The following report details changes from 12/15 @ ~1pm to 12/16 @ ~3pm:

• 10 ozt gold bars - from 55 to 38
• 1 ozt gold bars - from 1047 to 1070, but today's totals include 100 Scotia bank bars that were not offered yesterday. Also, the inventory for Pamp Suisse bars was -144 while the inventory for Credit Suisse bars was +133. Seems to have been a lot of movement in the inventory.
• 100 ozt silver bars - from 520 to 488. Johnson Matthey and Royal Canadian Mint (RCM) seem to the be popular sellers.

I will periodically update the attached file for those who want to see the detailed data. Current file shows data through March 25.

[ancona]

Thanks for the update Bug.

[DoChenRollingBearing]

Yes, PMBug, that is very interesting. Tulving might be another supplier that publishes a tiny bit of info re stocks of PMs.

Today our local coin shop had plenty of 1 oz Gold Eagles (inc. 2011s) to take care of me and my only other local friend who likes gold (we both bought) and a "box" full of Silver Eagles (I don't know how big!).

---

I am DoChenRollingBearing, and I approve your Ron Paul ad!

[PMBug]

Tulving doesn't publish enough info about inventory to do a similar level of analysis that I'm doing with apmex. I am watching Tulving regularly for what info I can glean though.

Providentmetals appears to have sold out of 1 ozt 2011 gold eagles and Canadian maples, but I'm not seeing anyone else out of stock on those items.

[ancona]

I wish I had the dough to fulfil Tulving's minimum purchase quantity requirements. That said, apart from Hans being a bit abrasive, I understand him to run a stand up operation.

[PMBug]

The following report details changes from 12/16 @ ~3pm to 12/17 @ ~9:30pm:

• 10 ozt gold bars - no change
• 1 ozt gold bars - from 1070 to 991. That's ~7% of inventory in just over 24 hours.
• 100 ozt silver bars - from 488 to 469. Sales seem to be slowing down as the price of silver rose closer to $30/ozt.

[PMBug]

The following report details changes from 12/17 @ ~9:30pm to 12/19 @ ~9am:

• 10 ozt gold bars - no change
• 1 ozt gold bars - from 991 to 911. That's ~8% of inventory in the last ~36 hours.
• 100 ozt silver bars - from 469 to 472. The inventory of Johnson Matthey increased by 35 while the inventory of RCM decreased by 26. They also sold a couple of other brand bars.

Tulving appears to be sold out of all 90% and 40% silver.

[PMBug]

The following report details changes from 12/19 @ ~9am to 12/20 @ ~9am:

• 10 ozt gold bars - from 38 to 53. Slight increase in inventory of Perth Mint and Johnson Matthey poured bars, but they added 10 bars of generic name brand (without assay)
• 1 ozt gold bars - from 911 to 1083. Huge increase in inventory of Pamp and Credit Suisse bars (their best sellers apparently). Inventory was down for most every other bar offered.
• 100 ozt silver bars - from 472 to 549. The inventory of Apmex and RCM (especially RCM) increased while the inventory everything else fell or remained the same.

Tulving now has some 90% silver available again.

[PMBug]

The following report details changes from 12/20 @ ~9am to 12/21 @ ~10:30am:

• 10 ozt gold bars - from 53 to 65. They added 13 bars of Pamp Suisse brand
• 1 ozt gold bars - from 1083 to 976. Huge decrease in inventory of Pamp and Credit Suisse bars (their best sellers apparently). Almost a 10% decrease in ~24 hours.
• 100 ozt silver bars - from 549 to 533. The Apmex branded bars were the biggest seller.

Tulving now has some 90% silver available again.

[PMBug]

The following report details changes from 12/21 @ ~10:30am to 12/23 @ ~11:30am:

• 10 ozt gold bars - from 65 to 62.
• 1 ozt gold bars - from 976 to 876. They sold out of the apmex bars and added 14 bars of Johnson Matthey (new listing) with a huge $100 premium (more than twice the premium of any other 1ozt gold bar). They also added 15 bars of Credit Suisse. They sold a lot of Pamp Suisse and Perth Mint bars apparently.
• 100 ozt silver bars - from 533 to 760. Huge increase in Johnson Matthey bars (+241).

Apmex appears to have a special sale on select bars right now with reduced premiums.

Tulving is out of 90% silver again.

[PMBug]

The following report details changes from 12/23 @ ~11:30am to 12/28 @ ~2pm:

• 10 ozt gold bars - from 62 to 59. They gained some Johnson Matthey poured bars (+4) but sold off more Pamp Suisse bars (-6).
• 1 ozt gold bars - from 876 to 947. They sold a lot of Pamp Suisse (-109) and smaller amounts of various other bars, but added some Credit Suisse (+33), Scotiabank (+59) and generic bars w/o assay (+82).
• 100 ozt silver bars - from 760 to 793. Added Apmex branded bars (+88) and Ohio Precious Metals bars (+7), but sold off a bit of most everything else.

Tulving is reporting only 300,000+ ozt of silver in inventory now. They are still out of 90% silver. They appear to have added Scottsdale Silver 100ozt bars to their inventory.

[DoChenRollingBearing]

PMBug, I like this project you are doing while recognizing its limitations. When you are "ready" (have enough data), maybe you could post a link to a "GoogleDoc spreadsheet") up there in the cloud for our perusal...?

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I am now thinking about more closely following the eBay / 24hgold widget. I do not have to travel for awhile, and it should be relatively easy to do something similar (on Excel then to a Google doc). If I decide to go ahead with this, I will let all you guys know.

[PMBug]

I don't do Googledocs, so I did the next best thing. I attached my Excel (.xls) spreadsheet to the OP (original post). I will update the attachment periodically (I'll announce the updates in new posts to the thread).

[DoChenRollingBearing]

Excellent! I just looked at your Excel S.S., very good.

That may very well give me ideas should I go forward re the widget.

[PMBug]

The Doc reports that apmex hiked premiums on 90%:

... 90% face US Silver 'junk' coins, normally available near spot to .20-.30 over spot, have been raised to $1 over spot. ...

http://silverdoctors.blogspot.com/20...nk-silver.html

Given that tulving has been out of stock for over a week, this might be an indication of supply shortage in the wholesale/dealer market.

[PMBug]

The following report details changes from 12/28 @ ~2pm to 12/29 @ ~9am:

• 10 ozt gold bars - from 59 to 67. They gained some Pamp Suisse bars (+9) and sold off a Perth Mint bar.
• 1 ozt gold bars - from 947 to 1124. They sold a few bars of various brands, but added a lot of Pamp Suisse (+43), Credit Suisse (+65) and Perth Mint (+74) bars.
• 100 ozt silver bars - from 793 to 806. Major changes included Apmex branded bars (-22), "Englehard or Johnson Matthey" (+59). They sold off a bit of most everything else.

[PMBug]

The following report details changes from 12/29 @ ~9am to 12/30 @ ~9am:

• 10 ozt gold bars - from 67 to 63.
• 1 ozt gold bars - from 1124 to 983. They added a lot of Perth Mint (+85 bars) but sold even more of everything else. Very heavy selling of Pamp Suisse (-56) and Credit Suisse (-93) bars.
• 100 ozt silver bars - from 806 to 733. Major changes included Apmex branded bars (-33) and "Englehard or Johnson Matthey" (+21). They sold off a bit of most everything else.

It appears that some folks BTFD yesterday.

Tulving still reporting only 300K+ silver ozt, but now shows some 90% available.

[ancona]

How about premiums? I see stuff on Ebay creeping up a little, but as of today, Apmex seems to be holding steady.

[PMBug]

The premiums that I spot checked this morning were holding steady. No idea if apmex is jacking with their S&H - you have to go through the checkout process to verify that and I've been to lazy to do it. I have heard that online dealers (esp. apmex) have adjusted S&H charges in the past instead of changing the more visible premiums on the sale price.

[PMBug]

The following report details changes from 12/30 @ ~9am to 12/31 @ ~9am:

• 10 ozt gold bars - from 63 to 61.
• 1 ozt gold bars - from 983 to 838. They sold a lot of Pamp Suisse (-109 bars) and Credit Suisse (-27) and a bit of everything else too.
• 100 ozt silver bars - from 733 to 901. This was an interesting survey. They appear to have sold off a lot of silver in just about every category - apmex (-20), "Englehard or Johnson Matthey" (-36), Royal Canadian Mint (-6) and selling out of a few options that had low inventories - Englehard "Bull Logo", Heraeus poured, Wall Street Mint, US Assay Office. This was all offset by a huge increase in the inventory of Johnson Matthey bars (+242).

Tulving does not list the Scottsdale 100ozt bar anymore - must have just sold off what a customer sold to them I'm guessing. It doesn't appear that they worked out a deal to be a Scottsdale distributor.