Physical gold and silver inventory watch

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Yeah. Good stuff.

The following report details changes from 1/15 @ ~noon to 1/16 @ ~10am:
  • 10 ozt gold bars - from 51 to 62. Perth Mint (+11). Looks like apmex pulled items from their website and added them back today. These Perth Mint bars are an example in the 10ozt gold category.
  • 1 ozt gold bars - from 1765 to 1542. Pamp Suisse (-17) continues to be the biggest big seller.
  • 100 ozt silver bars - from 851 to 848. They added back a few miscellaneous bars that weren't listed yesterday.

Weak sales activity between yesterday and today. Perhaps folks waiting to see what happens with the Eurozone credit downgrade?
 
It looks like as soon as they get stock, it gets sucked up by us silver/gold bugs at what I believe to be extremely discounted prices.

That works for me!
 
Here are charts of PMBug's detailed data for all three product types:
1 oz gold bars
10 oz gold bars
100 oz silver bars

I have split some of the products into "large volume" and "small volume" charts so that these charts are not so busy.

jsytmx.png


1z3cx9h.png
 
PMBug,
If you would like to use my new excel format of your data (see below), you will be able to enter in your detailed info and have the above charts above update automatically with the new data.

The catch: I am not sure if you are scraping this data off the apmex website in an automated way, or if you are extracting the data by hand.

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Unobtanium said:
...
The catch: I am not sure if you are scraping this data off the apmex website in an automated way, or if you are extracting the data by hand.
...
Click to expand...

I'm doing it by hand although it is possible to scrape with a script - I have been too lazy to write one though. I like being able to see changes to premiums and products being offered when I go through the motions.

Care to email the spreadsheet with your format to me at info at pmbug etc.?
 
The following report details changes from 1/16 @ ~10am to 1/17 @ ~9am:
  • 10 ozt gold bars - from 62 to 69. Perth Mint (+10), Johnson Matthey (-2), generic, w/o assay (-1)
  • 1 ozt gold bars - from 1542 to 1507. Credit Suisse (-49) is the big seller. They added some Perth Mint (+12), Argor-Heraeus (+11) and generic w/o assay (+8). They sold a bit of Pamp Suisse (-11) and ScotiaBank (-6).
  • 100 ozt silver bars - from 848 to 842.

I haven't noticed any major changes at tulving with respect to their inventory / offerings.
 
The following report details changes from 1/17 @ ~9am to 1/18 @ ~9am:
  • 10 ozt gold bars - from 69 to 67.
  • 1 ozt gold bars - from 1507 to 1414. Pamp Suisse (-61) is the big seller. They also sold a decent amount of Apmex (-25)
  • 100 ozt silver bars - from 842 to 875. Added a good bit of Royal Canadian Mint (+48) and sold a bit of most everything else.
 
The following report details changes from 1/18 @ ~9am to 1/19 @ ~11am:
  • 10 ozt gold bars - from 67 to 61.
  • 1 ozt gold bars - from 1414 to 1580. They added to Apmex (+143), Credit Suisse (+79), Sunshine (+7) and generic with assay (+19). They also sold a decent amount of Pamp Suisse (-54) among others.
  • 100 ozt silver bars - from 875 to 859. Selling was fairly even across the board.
 
The following report details changes from 1/19 @ ~11am to 1/20 @ ~9am:
  • 10 ozt gold bars - from 61 to 58. They lowered the premium on the Johnson Matthey (pressed) bars from 64.99 to 49.99, so it's competitve with their other offerings in this category now.
  • 1 ozt gold bars - from 1580 to 1514. Big sellers include Apmex (-15), Pamp Suisse (-17), Perth (-14) and generic with assay (-13). They raised the premium on the Pamp Suisse bars to 44.99, so it's the same as most of the others now (not discounted like it was previously).
  • 100 ozt silver bars - from 859 to 872. Looks they sold just one bar in the last 24 hours. They added 14 bars of "Englehard or Johnson Matthey".

Tulving continues to be sold out of opened monster boxes of Silver Eagles. I suppose this means no one is selling any to them and they are only selling the boxes they get from the mint in sealed condition (higher premium). Folks who have been buying aren't selling.
 
The following report details changes from 1/20 @ ~9am to 1/23 @ ~9am:
  • 10 ozt gold bars - from 58 to 54.
  • 1 ozt gold bars - from 1514 to 1530. They added a bunch of Pamp Suisse (+158) and Perth Mint (+46). Big sellers include Apmex (-17), Credit Suisse (-27), and Scotia Bank (-130 - this bar has the lowest premiums of the assayed options).
  • 100 ozt silver bars - from 872 to 862. They added 9 bars of Apmex brand while selling a bit of most everything else. They also added a few bars to new (previously not listed) brands indicating that some people sold them with Friday's rise in spot price.

Looks like the rise in price on both gold and silver did not dampen buying demand from the public. In the 1ozt gold, you can see buying habits became more premium sensitive. Buying demand for the 100ozt silver looked good in spite of some selling back to Apmex.
 
The following report details changes from 1/23 @ ~9am to 1/24 @ ~9am:
  • 10 ozt gold bars - from 54 to 78. They added both Perth Mint (+15) and "generic without assay" (+9)
  • 1 ozt gold bars - from 1530 to 1480. They added some Credit Suisse (+14) but sold most everything else. Big sellers include Apmex (-35) and Pamp Suisse (-19)
  • 100 ozt silver bars - from 862 to 853. They added 25 bars of Sunshine brand while selling a bit of most everything else.
 
The following report details changes from 1/24 @ ~9am to 1/25 @ ~9am:
  • 10 ozt gold bars - from 78 to 79.
  • 1 ozt gold bars - from 1480 to 1522. They added some Credit Suisse (+93) and "generic w/o assay" (+19). Big sellers include Pamp Suisse (-43) and Scotiabank (-14).
  • 100 ozt silver bars - from 853 to 851. They added 8 bars of "Englehard or Johnson Matthey" while selling 9 bars of Apmex.

They lowered a bunch of premiums on the 10ozt gold and 100ozt silver bars. Sales have been somewhat muted over the last few days for those items with the rising price, so I suppose this is the market reacting. 1ozt gold appears to be sailing along in sales volume and I haven't noticed any changes to premiums for those products.
 
The following report details changes from 1/25 @ ~9am to 1/26 @ ~9am:
  • 10 ozt gold bars - from 79 to 84. They sold 1 Johnson Matthey and 2 Pamp Suisse and added 8 "generic w/o assay"
  • 1 ozt gold bars - from 1522 to 1526. They added some Perth Mint (+26), Scotiabank (+4) and "generic w/o assay" (+23). Big sellers include Apmex (-14), Pamp Suisse (-17) and Credit Suisse (-28).
  • 100 ozt silver bars - from 851 to 672. They added 28 bars of "Englehard or Johnson Matthey" while selling (or moving/removing?) 207 bars of Johnson Matthey.

Today's report is notable for two things IMO:
  • The public apparently bought assayed gold on high volume selling gold without assay
  • At least 179 bars of 100ozt silver Johnson Matthey disappeared in the last 24 hours
 
The following report details changes from 1/26 @ ~9am to 1/27 @ ~9am:
  • 10 ozt gold bars - from 84 to 83. Johnson Matthey poured and pressed (-1) each, Pamp Suisse (-3). "generic w/o assay" (+4). Did the assay case for some bars get damaged?
  • 1 ozt gold bars - from 1526 to 1455. Moderate selling all around - Scotiabank (-29) and Credit Suisse (-27) were the big sellers.
  • 100 ozt silver bars - from 672 to 649. They added a few bars here and there (+5 total), but sold off even more of others. Looks like sales volume is picking up.
 
I see it as juast a mater of time before paper gets hammered. Europe is hanging by their fingernails on the hope of an EU bailout for Greece, Portugal Spain and maybe Italy. If one goes, they all go. When they collapse, they will take the price of metal with them, as everyone sells the most liquid positions they have to cover margins, CDS etc. Then, once they realize their paper was no great bargain in the first place, they will begin to purchase the real McCoy, like they should have done all along. At that point, there will be no physical for sal at any price.
 
PMBug, this is all excellent work you are doing. It will be of GREAT INTEREST to see how the inventories of APMEX change once people start getting worried...

In a week or so, I will put up some graphs as well from my little project (the eBay/24hgold.com Widget Tracker).

Anyone can view the data:

https://docs.google.com/spreadsheet...G5GRXpkZ3RrZTdaeGdabElJYjVIVXc&hl=en_US#gid=0

I forgot what my tinyurl.com is (on my computer at home).


EDIT:

Coin shop premium was again at 5.5% over spot for a 1 oz Gold Eagle. Of course I had to drive over there and pay for parking. Call it (say) $25.00 to do that (cost and time): takes it to some 7.2% total premium. I do not know if the sellers on eBay pick up the cost of delivery and/or insurance.
 
Last edited:
DoChenRollingBearing said:
... I do not know if the sellers on eBay pick up the cost of delivery and/or insurance.
Click to expand...

Depends upon the auction. Some vendors offer insured, premium shipping without a S&H charge (the sale price generally gets bid up to cover it) while others charge S&H separately (and may or may not insure the package). I'm pretty sure the ebay data mining api is only reporting the sale's bid price (not including any separate S&H).
 
The following report details changes from 1/27 @ ~9am to 1/28 @ ~9am:
  • 10 ozt gold bars - from 83 to 51. They either pulled inventory or had the biggest 24 hour sell off I've seen since I started this project. Pamp Suisse (-12) and "generic w/o assay" (-20).
  • 1 ozt gold bars - from 1455 to 1400. Moderate selling all around - Apmex (-12), Pamp Suisse (-11) and Credit Suisse (-16) were the big sellers.
  • 100 ozt silver bars - from 649 to 634. They added a single Pan American bar today. They sold a little bit of most everything else.
 
The following report details changes from 1/28 @ ~9am to 1/29 @ ~9am:
  • 10 ozt gold bars - from 51 to 51.
  • 1 ozt gold bars - from 1400 to 1381.
  • 100 ozt silver bars - from 634 to 630.

Very light selling over the last 24 hours.
 
The following report details changes from 1/29 @ ~9am to 1/30 @ ~10:30am:
  • 10 ozt gold bars - from 51 to 51.
  • 1 ozt gold bars - from 1381 to 1341. No additions, moderate selling.
  • 100 ozt silver bars - from 630 to 646. Added "Englehard or Johnson Matthey" (+25).
 
The following report details changes from 1/30 @ ~10:30am to 1/31 @ ~9am:
  • 10 ozt gold bars - from 51 to 50. Sold 2 Perth Mint and added 1 Johnson Matthey pressed bar.
  • 1 ozt gold bars - from 1341 to 1411. Biggest change was Scotiabank (+95). Moderate selling seen in most other brands.
  • 100 ozt silver bars - from 646 to 633. No additions.

Tulving appears to be selling out of some gold (Credit Suisse 10ozt bars, 1ozt Buffalos and 1/10 ozt ASEs [non-2012]).
 
The following report details changes from 1/31 @ ~9am to 2/1 @ ~9am:
  • 10 ozt gold bars - from 50 to 62. They added Pamp Suisse (+17) and Johnson Matthey (+1) and sold Perth Mint (-6).
  • 1 ozt gold bars - from 1411 to 1401. They added Argor Heraeus (+4), FNB of Chicago (3 - new listing), RCM (+16 - new listing) and sold a bit of most everything else. Big sellers were Pamp Suisse (-15) and Apmex (-7)
  • 100 ozt silver bars - from 633 to 652. They added "Englehard or Johnson Matthey" (+35) and sold a bit of most everything else.
 
The following report details changes from 2/1 @ ~9am to 2/2 @ ~10am:
  • 10 ozt gold bars - from 62 to 60.
  • 1 ozt gold bars - from 1401 to 1296. Big sellers were Credit Suisse (-40), Pamp Suisse (-32) and Apmex (-23).
  • 100 ozt silver bars - from 652 to 646.

Tulving now claims to have "hundreds" of $1000 face bags of 90% silver in stock.
 
The following report details changes from 2/2 @ ~10am to 2/3 @ ~9am:
  • 10 ozt gold bars - from 60 to 57.
  • 1 ozt gold bars - from 1296 to 1190. Big sellers were Pamp Suisse (-36), Credit Suisse (-22), Apmex (-18) and Perth Mint (-18).
  • 100 ozt silver bars - from 646 to 625.
 
The following report details changes from 2/3 @ ~9am to 2/5 @ ~9am:
  • 10 ozt gold bars - from 57 to 53.
  • 1 ozt gold bars - from 1190 to 1541. They restocked Pamp Suisse (+148), Credit Suisse (+132) and Perth Mint (+95) while selling a bit of Apmex (-13), Argor-Heraeus (-6) and some others.
  • 100 ozt silver bars - from 625 to 611.
 
The following report details changes from 2/5 @ ~9am to 2/6 @ ~9am:
  • 10 ozt gold bars - from 53 to 52.
  • 1 ozt gold bars - from 1541 to 1502.
  • 100 ozt silver bars - from 611 to 646. They added "Englehard or Johnson Matthey" (+48) and sold some Royal Canadian Mint (-12).
 
Sorry folks - I forgot to update yesterday. Today's report spans two days instead of the usual one.

The following report details changes from 2/6 @ ~9am to 2/8 @ ~8am:
  • 10 ozt gold bars - from 52 to 47.
  • 1 ozt gold bars - from 1502 to 1321. Big sellers were Pamp Suisse (-104) and Credit Suisse (-98).
  • 100 ozt silver bars - from 646 to 612.

Interestingly, tulving no isn't reporting any number anymore where they usually state 300K+ ozt of silver in stock.
 
The following report details changes from 2/8 @ ~8am to 2/9 @ ~9am:
  • 10 ozt gold bars - from 47 to 47.
  • 1 ozt gold bars - from 1321 to 1377. Pamp Suisse (+102) and Credit Suisse (-42) were biggest changes.
  • 100 ozt silver bars - from 612 to 618. "Englehard or Johnson Matthey" (+12), Johnson Matthey (-5)
 
The following report details changes from 2/9 @ ~9am to 2/10 @ ~9am:
  • 10 ozt gold bars - from 47 to 44.
  • 1 ozt gold bars - from 1377 to 1454. Pamp Suisse (+132), Apmex (-37), Credit Suisse (-15) were the biggest changes. They lowered the premium on Credit Suisse (to $40/$50 over spot) and they are running a sale on any quantity of Pamp Suisse right now ($35 over spot).
  • 100 ozt silver bars - from 618 to 607.

Tulving appears to be selling out of 1 kilo gold bars.
 
I took a break this weekend. The following report details changes from 2/10 @ ~9am to 2/13 @ ~9am (3 days):
  • 10 ozt gold bars - from 44 to 44.
  • 1 ozt gold bars - from 1454 to 1125. Apmex (+166), Pamp Suisse (-351), Perth (-105) and Credit Suisse (-34) were the biggest changes.
  • 100 ozt silver bars - from 607 to 788. Apmex (+122) and Johnson Matthey (+70) were the additions.
 
The following report details changes from 2/13 @ ~9am to 2/14 @ ~9am:
  • 10 ozt gold bars - from 44 to 44.
  • 1 ozt gold bars - from 1125 to 1829. Pamp Suisse (+547), Credit Suisse (+198) and Perth (-28) were the biggest changes.
  • 100 ozt silver bars - from 788 to 788. Overall stayed even, but there were various small additions and subtractions, so there was some buying/selling going on.

Over 700ozt of the 1ozt gold bars was the largest one day increase in inventory I've noticed since I started tracking this.
 
Note that it's been almost a week since the last update.

The following report details changes from 2/14 @ ~9am to 2/20 @ ~10am:
  • 10 ozt gold bars - from 44 to 44.
  • 1 ozt gold bars - from 1829 to 1698.
  • 100 ozt silver bars - from 788 to 1003.

Apmex lowered the premiums for just about everything since the last update.
 
The following report details changes from 2/20 @ ~10am to 2/21 @ ~9am:
  • 10 ozt gold bars - from 44 to 43.
  • 1 ozt gold bars - from 1698 to 1622. Apmex 1ozt gold bars (142 available) listed as delayed delivery (March 6) - are they not actually in stock?
  • 100 ozt silver bars - from 1003 to 984.
 
Apmex 1ozt gold bars (142 available) listed as delayed delivery (March 6) - are they not actually in stock?
Click to expand...

This. Just their brand though. Gee lets hope no one MFG's them and fails to deliver...
 
The following report details changes from 2/21 @ ~9am to 2/23 @ ~10am:
  • 10 ozt gold bars - from 43 to 51. They added some Pamp Suisse bars (+11) and sold a few generic bars (-3)
  • 1 ozt gold bars - from 1622 to 1406. Pamp Suisse (-158) and Credit Suisse (-35) were the biggest sellers.
  • 100 ozt silver bars - from 984 to 967.
 
The following report details changes from 2/23 @ ~10am to 2/24 @ ~9am:
  • 10 ozt gold bars - from 51 to 50.
  • 1 ozt gold bars - from 1406 to 1349. Pamp Suisse (-24) and Credit Suisse (-36) were the biggest sellers.
  • 100 ozt silver bars - from 967 to 940. The sold a lot of "Englehard or Johnson Matthey" (-33) and I suspect it's because they lowered the premium substantially. They also lowered the premium for "various" although inventory increased (+7) for that listing.
 
It's been four days since the last update ...

The following report details changes from 2/24 @ ~9am to 2/28 @ ~9am:
  • 10 ozt gold bars - from 50 to 48.
  • 1 ozt gold bars - from 1349 to 1096. Pamp Suisse (-88), Credit Suisse (-57) and Argor-Heraeus (-40) were the biggest sellers.
  • 100 ozt silver bars - from 940 to 643. Compared to the last few weeks, the sales of Johnson Matthey (-230) and "Englehard or Johnson Matthey" (-34) seem to indicate a huge increase in buying appetite from the public.
 
With silver soaring over the last couple of days, and 36 being taken out, I wonder if the buyers are back in control? I am kind of looking forward to fifty dollars, because I would like to take some profit. However, I obviously want it to be promptly taken down so I can but back in and keep the vig.

We shall see.
 
It's been three days (with wild price action in the paper markets) since the last update ...

The following report details changes from 2/28 @ ~9am to 3/2 @ ~9am:
  • 10 ozt gold bars - from 48 to 40. Perth Mint (+8) and Pamp Suisse (-11) were the biggest changes.
  • 1 ozt gold bars - from 1096 to 1204. Apmex (-93), Scotiabank (-10) and "generic w/assay" (-10) were the biggest sellers. They restocked Pamp Suisse (+7), Credit Suisse (+106), Perth Mint (+21) and Argor-Heraeus (+86).
  • 100 ozt silver bars - from 643 to 807. Apmex (-46) and "Englehard or Johnson Matthey" (-10) were biggest sellers. They restocked Johnson Matthey (+208) and Royal Canadian Mint (+19).

They raised their premiums on most 1ozt gold bars and some 100ozt silver bars.
 
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