Precious Metals Forum

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

Like Tree67Likes

Closed Thread
 
LinkBack Thread Tools
Old 04-27-2012, 10:10 AM   #121
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
The following report details changes from 4/26 @ ~9am to 4/27 @ ~9am:
  • 10 ozt gold bars - from 79 to 77.
  • 1 ozt gold bars - from 1907 to 1699. Pamp Suisse (+32), Heraeus (-210)
  • 100 ozt silver bars - from 622 to 597. "Englehard or Johnson Matthey" (+10), Johnson Matthey (-24)

Strong sales volume 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 offline  
Old 04-30-2012, 10:12 AM   #122
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
It's been three days since the last update.

The following report details changes from 4/27 @ ~9am to 4/30 @ ~9am:
  • 10 ozt gold bars - from 77 to 73. Pamp Suisse (+3), Perth Mint (-6)
  • 1 ozt gold bars - from 1699 to 1893. Credit Suisse (+118), Pamp Suisse (+70), Heraeus (+19)
  • 100 ozt silver bars - from 597 to 600.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 04-30-2012, 03:42 PM   #123
PM Bug Supporter
 
DoChenRollingBearing's Avatar
 
Join Date: Oct 2011
Location: SE USA
Posts: 1,275
Liked: 691 times
PMBug, I have not been following this like I should have.

Did you ever get around to doing a graph or anything with your data?

I abandoned my 24hgold/eBay premium project, as it was not "telling me" anything.
DoChenRollingBearing is offline  
Old 04-30-2012, 04:20 PM   #124
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
You can d/l the attached Excel file from the first post in the thread. I posted an updated file a month ago. I didn't see much interest in it, so I haven't posted a new update in a while.

It does contain some charts. Lately though, I've just been analyzing the volume of sales and such by comparing against memory (been doing this for a while now and when a number is out of normal bounds, it jumps out at me) and then highlighting anything I notice that is significant.
KMS likes this.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 04-30-2012, 05:09 PM   #125
KMS
Moderator
 
Join Date: Oct 2011
Location: Cheesehead Land
Posts: 374
Liked: 119 times
You've been doing great. Keep it up, Bug!
PMBug likes this.
__________________
“The first panacea for a mismanaged nation is inflation of the currency; the second is war.
Both bring a temporary prosperity; both bring a permanent ruin.
But both are the refuge of political and economic opportunists.”
– Ernest Hemingway

If voting made any difference they wouldn't let us do it - Mark Twain
KMS is offline  
Old 05-01-2012, 10:23 AM   #126
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
The following report details changes from 4/30 @ ~9am to 5/1 @ ~9am:
  • 10 ozt gold bars - from 73 to 76. Perth Mint (+5)
  • 1 ozt gold bars - from 1893 to 1903. Perth (+47)
  • 100 ozt silver bars - from 600 to 577. RCM (-13) was the biggest seller.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 05-02-2012, 12:59 PM   #127
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
The following report details changes from 5/1 @ ~9am to 5/2 @ ~noon:
  • 10 ozt gold bars - from 76 to 86. Pamp Suisse (+12)
  • 1 ozt gold bars - from 1903 to 1864. Pamp Suisse (+76), Apmex (+13), Credit Suisse (-41), Argor-Heraeus (-82)
  • 100 ozt silver bars - from 577 to 671. RCM (+69), Sunshine (+24), Ohio Precious Metals (+24), "Various" (+17), "Englehard or Johnson Matthey" (-17), Apmex (-14), Johnson Matthey (-10)

Lots of activity in the 100ozt silver over the last day. First time overall inventory increased by ~100 bars since March 23rd. Looks like they had to get less premium brands to do it.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 05-04-2012, 12:07 PM   #128
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
It's been two days since the last report.

The following report details changes from 5/2 @ ~noon to 5/4 @ ~11am:
  • 10 ozt gold bars - from 86 to 63. Pamp Suisse (-11), Johnson Matthey (-5), Perth (-5)
  • 1 ozt gold bars - from 1864 to 1605. Pamp Suisse (-82), Apmex (-13), Credit Suisse (-68), Heraeus (-31), Perth (-38)
  • 100 ozt silver bars - from 671 to 615. RCM (-9), Ohio Precious Metals (-24), "Englehard or Johnson Matthey" (-14), Apmex (-11), Johnson Matthey (-17), "Johnson Matthey (secondary market)" (+10), "Englehard (secondary market)" (+10)

Strong sales activity even averaging it over two days. Looks like they had to source 100ozt silver on the seconday market to boost silver inventory.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 05-05-2012, 10:28 AM   #129
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
The following report details changes from 5/4 @ ~11am to 5/5 @ ~9am:
  • 10 ozt gold bars - from 63 to 92. Pamp Suisse (+30)
  • 1 ozt gold bars - from 1605 to 2399. Apmex (+114), Pamp Suisse (+372), Credit Suisse (+294)
  • 100 ozt silver bars - from 615 to 909. Johnson Matthey (+286), "Johnson Matthey (Canada)" (+9)

Huge inventory boosts over the last 24 hours with muted sales activity. Perhaps it's just my imagination, but it seems as if the restocking is occurring in less frequent, but larger bundles.

Premiums on 100ozt silver has largely crept up by ~$0.10 per ozt over the last couple of days.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 05-05-2012, 12:42 PM   #130
Super Moderator
 
benjamen's Avatar
 
Join Date: Mar 2012
Location: Migratory
Posts: 1,620
Liked: 685 times
Originally Posted by PMBug View Post:
The following report details changes from 5/4 @ ~11am to 5/5 @ ~9am:
  • 10 ozt gold bars - from 63 to 92. Pamp Suisse (+30)
  • 1 ozt gold bars - from 1605 to 2399. Apmex (+114), Pamp Suisse (+372), Credit Suisse (+294)
  • 100 ozt silver bars - from 615 to 909. Johnson Matthey (+286), "Johnson Matthey (Canada)" (+9)

Huge inventory boosts over the last 24 hours with muted sales activity. Perhaps it's just my imagination, but it seems as if the restocking is occurring in less frequent, but larger bundles.

Premiums on 100ozt silver has largely crept up by ~$0.10 per ozt over the last couple of days.
If you a large metals seller with high end connections, what information would prompt you to stock up?
__________________
I drive men mad
For love of me,
Easily beaten,
Never free.

PMBug 101 *** Forum Rules
benjamen is offline  
Old 05-05-2012, 02:15 PM   #131
KMS
Moderator
 
Join Date: Oct 2011
Location: Cheesehead Land
Posts: 374
Liked: 119 times
They were at those levels a month ago too though. The number I'm more impressed by is the premium increase of $0.10 oz on the 100ozt silver bars.
__________________
“The first panacea for a mismanaged nation is inflation of the currency; the second is war.
Both bring a temporary prosperity; both bring a permanent ruin.
But both are the refuge of political and economic opportunists.”
– Ernest Hemingway

If voting made any difference they wouldn't let us do it - Mark Twain
KMS is offline  
Old 05-06-2012, 10:09 AM   #132
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
The following report details changes from 5/5 @ ~9am to 5/6 @ ~9am:
  • 10 ozt gold bars - from 92 to 92.
  • 1 ozt gold bars - from 2399 to 2370.
  • 100 ozt silver bars - from 909 to 891.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 05-07-2012, 11:13 AM   #133
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
The following report details changes from 5/6 @ ~9am to 5/7 @ ~10am:
  • 10 ozt gold bars - from 92 to 86.
  • 1 ozt gold bars - from 2370 to 2325.
  • 100 ozt silver bars - from 891 to 882.

Did some Apmex rep read post #128? They removed the "secondary market" label from the Johnson Matthey and Englehard listings.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 05-08-2012, 10:53 AM   #134
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
The following report details changes from 5/7 @ ~10am to 5/8 @ ~10am:
  • 10 ozt gold bars - from 86 to 110. Perth (-5), Johnson Matthey (+20), Pamp (-3), Generic no assay (+12)
  • 1 ozt gold bars - from 2325 to 1886. Pamp (-366), Credit (-40)
  • 100 ozt silver bars - from 882 to 812. Johnson Matthey (-27), RCM (-23), Apmex (-7)

Did some Apmex rep read post #133? They reinstated the "secondary market" label on the Johnson Matthey and Englehard listings.

Wild action in the 10ozt gold. Heavy sales and huge inventory additions.

1ozt Pamp gold bars are on sale and it shows. They appear to have raised the premiums for many of the other brands of 1ozt gold bars.

Decent sales of 100ozt silver in the last 24 hours. They raised premiums on RCM and Apmex branded bars.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 05-09-2012, 10:07 AM   #135
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
The following report details changes from 5/8 @ ~10am to 5/9 @ ~9am:
  • 10 ozt gold bars - from 110 to 99.
  • 1 ozt gold bars - from 1886 to 2607. Pamp (+857), Credit (-52), Apmex (-27), Perth (-27), Argor-Heraeus (-12), Argor-Heraeus Kinebar (-12)
  • 100 ozt silver bars - from 812 to 799. Johnson Matthey (-12), RCM (-11), Apmex (-8), Johnson Matthey secondary market (+14), Englehard secondary market (+2)

Strong sales volume across the board over the last 24 hours as might be expected when they go on sale.

1ozt Pamp gold bars are no longer on sale. Massive inventory increase for them.

Only restocking I'm seeing in 100ozt silver is "secondary market" and "various".
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 05-10-2012, 07:52 AM   #136
n00b
 
Join Date: May 2012
Posts: 1
Liked: 0 times


This long term decline in supply at this price level could become interesting.

The only ways to obtain more deliverable inventory to meet a bulge in demand is to game the rules on the ability to take physical delivery or let the price rise by buying on the open market.

The push by the CFTC for position limits may tighten the ability to take delivery from 1,500 to 1,000 contracts, but hedgers will be exempt from position limits on the short side. And the big silver short JPM claims to be a hedger.
charlizejackson is offline  
Old 05-10-2012, 10:30 AM   #137
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
The following report details changes from 5/9 @ ~9am to 5/10 @ ~9am:
  • 10 ozt gold bars - from 99 to 109. Pamp (+12)
  • 1 ozt gold bars - from 2607 to 2398. Pamp (-90), Credit (-37), Apmex (-32), Perth (-18), Argor-Heraeus (-15), Argor-Heraeus Kinebar (-9)
  • 100 ozt silver bars - from 799 to 750. Apmex (-21), Johnson Matthey secondary market (-14), Englehard secondary market (-11), Englehard Struck (-9), "Various" (+13)

Strong sales volume continued for 1ozt gold and 100ozt silver.

Premiums on all 10ozt gold and some 1ozt gold bars went up.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 05-11-2012, 11:00 AM   #138
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
The following report details changes from 5/10 @ ~9am to 5/11 @ ~10am:
  • 10 ozt gold bars - from 109 to 125. Perth (+18), Pamp (-2)
  • 1 ozt gold bars - from 2398 to 2298. Pamp (-142), Credit (-69), Apmex (-9), Perth (-18), Argor-Heraeus (+98), Heraeus (+50)
  • 100 ozt silver bars - from 750 to 730. Apmex (+9), Johnson Matthey (-21), RCM (-11), Sunshine (-6), Englehard secondary market (+10)

Strong sales volume continues for 1ozt gold and 100ozt silver.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 05-13-2012, 10:06 AM   #139
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
It's been two days since the last report.

The following report details changes from 5/11 @ ~10am to 5/13 @ ~9am:
  • 10 ozt gold bars - from 125 to 119.
  • 1 ozt gold bars - from 2298 to 2030. Pamp (-60), Credit (-127), Apmex (+66 ~ shipping June 8), Perth (-31), Argor-Heraeus (-110)
  • 100 ozt silver bars - from 730 to 719. Apmex (-5), Johnson Matthey (-17), Englehard first generation (+5), Englehard Bull logo (+5)

Strong sales volume for 10ozt and 1ozt gold. 100ozt silver sales slowed down a bit.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
Old 05-14-2012, 10:51 AM   #140
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,143
Liked: 2459 times
The following report details changes from 5/13 @ ~9am to 5/14 @ ~10am:
  • 10 ozt gold bars - from 119 to 118.
  • 1 ozt gold bars - from 2030 to 1905. Pamp (-67), Credit (-32), Apmex (-12), Perth (-12)
  • 100 ozt silver bars - from 719 to 698. Johnson Matthey (-9), RCM (-6)
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline  
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 05:07 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 06:54 AM
HSBC Sues MF Global Over Disputed Ownership Of Physical Gold swissaustrian Gold Bug 12 12-11-2011 12:37 PM
Investment demand for physical silver PMBug Silver Bug 7 12-06-2011 09:28 AM
Inventory stress on the COMEX driving market manipulation? PMBug PM Bug 3 12-06-2011 08:55 AM


All times are GMT -5. The time now is 10:21 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.