Free Market PM Spot Price

[Supercilious]

Re: Free Market PM Spot Price

wait... i'm a moron...

Oops, now there is something on which I'm in complete agreement with metalman.

that is awesome! that is huge!

As I've previously said it was inevitably this would happen and we will have a fracture between the investment gold spot and the consumer/eBay gold spot:

http://www.itulip.com/forums/showpos...32&postcount=6

Now we have all the ingredients for a perfect storm.... I'm talking about a consumer grade gold bubble.

[phirang]

Re: Free Market PM Spot Price

Oops, now there is something on which I'm in complete agreement with metalman.




As I've previously said it was inevitably this would happen and we will have a fracture between the investment gold spot and the consumer/eBay gold spot:

http://www.itulip.com/forums/showpos...32&postcount=6

Now we have all the ingredients for a perfect storm.... I'm talking about a consumer grade gold bubble.

Yeap, and I'll be selling my gold and taking their FRN's with a smile on my face and buying puts on mankind with my profits.

tbill bubble... ok... then gold bubble... right... annnd then crony bubble (renewable crap or whatever that empty suit obama is selling us)

[Supercilious]

Re: Free Market PM Spot Price

Yeap, and I'll be selling my gold and taking their FRN's with a smile on my face and buying puts on mankind with my profits.

tbill bubble... ok... then gold bubble... right... annnd then crony bubble (renewable crap or whatever that empty suit obama is selling us)

Well put... That's pretty much it.

[pwcmba]

Re: Free Market PM Spot Price

for all of the 10s of millions of t bill dollar orders I take, sometimes daily, I get a few yuckles looking to take delivery of a 32 oz gold future or 1000 oz silver contract. These delivery requests usually come from accounts of a few hundred bucks.

Where is the bubble? Is it t bills? YES Is it metals? NO

Just my 2 cents.

Imagine if this equation ever flips! The multi million dollar orders are for bullion and the yuckles want t bills.

[mikedev10]

Re: Free Market PM Spot Price

live.com is inflating some ebay pm prices via buy-it-now auctions.

[Supercilious]

Re: Free Market PM Spot Price

Where is the bubble? Is it t bills? YES Is it metals? NO

pwcmba, this price fracture signals the beginning of the consumer grade gold bubble exactly how the Swaps Loophole signaled the beginning of the oil commodities) bubble.

The Joe 6 Goldounces bubble will have nothing to do (or very little to do) with the futures market in the initial stages.

[ronin]

Re: Free Market PM Spot Price

I don't think the gold supply chain suddenly became crappy, but more likely its throughput is limited, and demand for small denominations of physical gold suddenly became high.

Obviously, the global financial crisis has created a lot of demand for physical gold. Apparently, this demand is mostly from small-time investors who don't trade in the big 400-oz bars.

I think you are exactly correct, both on the fabrication and the demand source. Tulving and Apmex have the kilo gold bars and 1,000 oz silver bars fairly close to spot price; they seem to have moved a fair amount of these over the last couple months. Tulving has delivered over 600 of the 1,000 oz silver bars.

[Yaowarat]

Re: Free Market PM Spot Price

These are much better tools, than the one listed in the original post

Gold
http://www.24hgold.com/english/buy_s...px?co_id=0#Top

Silver
http://www.24hgold.com/english/buy_s...s.aspx?co_id=0

This are very very impressive.

[LargoWinch]

Re: Free Market PM Spot Price

These are much better tools, than the one listed in the original post

Gold
http://www.24hgold.com/english/buy_s...px?co_id=0#Top

Silver
http://www.24hgold.com/english/buy_s...s.aspx?co_id=0

This are very very impressive.

Great site indeed Yaowarat. Thanks.

Until now, I had no idea the spread vs spot was that much. I was suspecting something like 5% to 10%.

Good thing that opted for pure coins (Buffalo and Leafs) instead of bars. I stayed away from the rare coins stuff however as I don't know enough about those.

[Supercilious]

Re: Free Market PM Spot Price

Have they killed the site with the eBay spot prices or has it been moved to another address?

[metalman]

Re: Free Market PM Spot Price

Have they killed the site with the eBay spot prices or has it been moved to another address?

link worked for me