Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > PM Bug

Like Tree67Likes

Closed Thread
 
LinkBack Thread Tools
Old 01-16-2012, 10:24 AM   #41
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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?
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-16-2012, 10:37 AM   #42
Yellow Jacket
 
ancona's Avatar
 
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
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!
__________________
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline  
Old 01-16-2012, 12:25 PM   #43
Big-eyed bug
 
Unobtanium's Avatar
 
Join Date: Nov 2011
Posts: 458
Liked: 350 times
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.



PMBug and h4rdware like this.
Unobtanium is online now  
Old 01-16-2012, 12:25 PM   #44
Big-eyed bug
 
Unobtanium's Avatar
 
Join Date: Nov 2011
Posts: 458
Liked: 350 times




swissaustrian likes this.
Unobtanium is online now  
Old 01-16-2012, 12:28 PM   #45
Big-eyed bug
 
Unobtanium's Avatar
 
Join Date: Nov 2011
Posts: 458
Liked: 350 times
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.

h4rdware and ancona like this.
Unobtanium is online now  
Old 01-16-2012, 12:53 PM   #46
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
Originally Posted by Unobtanium View Post:
...
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.
...
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-17-2012, 09:08 AM   #47
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-18-2012, 09:40 AM   #48
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-19-2012, 11:44 AM   #49
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-20-2012, 09:17 AM   #50
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-23-2012, 09:33 AM   #51
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-24-2012, 09:23 AM   #52
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-25-2012, 09:33 AM   #53
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-26-2012, 09:23 AM   #54
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-27-2012, 09:10 AM   #55
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-27-2012, 09:23 AM   #56
Yellow Jacket
 
ancona's Avatar
 
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
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.
__________________
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline  
Old 01-27-2012, 03:10 PM   #57
PM Bug Supporter
 
DoChenRollingBearing's Avatar
 
Join Date: Oct 2011
Location: SE USA
Posts: 1,275
Liked: 691 times
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/...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 by DoChenRollingBearing; 01-27-2012 at 03:15 PM.
DoChenRollingBearing is offline  
Old 01-27-2012, 04:11 PM   #58
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
Originally Posted by DoChenRollingBearing View Post:
... I do not know if the sellers on eBay pick up the cost of delivery and/or insurance.
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-28-2012, 09:16 AM   #59
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Old 01-29-2012, 09:30 AM   #60
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,301
Liked: 2502 times
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 journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now  
Closed Thread

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Investment demand for physical gold PMBug Gold Bug 14 05-09-2013 04:07 AM
Sprott's call for silver miners to re-invest in silver a ploy to force physical supply shortages PMBug Silver Bug 7 03-19-2012 05:54 AM
HSBC Sues MF Global Over Disputed Ownership Of Physical Gold swissaustrian Gold Bug 12 12-11-2011 11:37 AM
Investment demand for physical silver PMBug Silver Bug 7 12-06-2011 08:28 AM
Inventory stress on the COMEX driving market manipulation? PMBug PM Bug 3 12-06-2011 07:55 AM


All times are GMT -5. The time now is 05:49 PM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2020 Measuring Up. All Rights Reserved.