Physical gold and silver inventory watch

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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.
 
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.
 
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.
 
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.
 
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 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.
 
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 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?
 
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 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 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 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. :rotflmbo:

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 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".
 


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.
 
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 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.
 
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 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)
 
PMB,
Thanks for keeping us up to date.Interesting stuff.


GOD BLESS & BRING OUR TROOPS HOME!!!
 
The following report details changes from 5/14 @ ~10am to 5/15 @ ~11am:
  • 10 ozt gold bars - from 118 to 111.
  • 1 ozt gold bars - from 1905 to 2083. Pamp (-99), Credit (+242), Apmex (-13), Perth (+70), Argor-Heraeus Kinebar (-16 - sold out)
  • 100 ozt silver bars - from 698 to 662. Johnson Matthey (-5), RCM (-10), Apmex (-7), Sunshine (-8)

Strong sales continue in all products (even though 1ozt gold saw some large restocking).
 
Just took a gander at Tulving's site.He has plenty of inventory with only a few items sold out.
Maples at $1.49 over w/shipping??? Cheaper than many places generic.


GOD BLESS & BRING OUR TROOPS HOME!!!
 
BigJim,
I once went in with six guys and met Tulvings minimum for purchase, and we did quite well. All in all I think when we include shipping, insurance and the premiums we paid around 16 an ounce for our shiny. But I haven't done it since then.
 
ancona said:
BigJim,
I once went in with six guys and met Tulvings minimum for purchase, and we did quite well. All in all I think when we include shipping, insurance and the premiums we paid around 16 an ounce for our shiny. But I haven't done it since then.
Click to expand...

Mark,
The way things are goin' we might be back at $16 soon.:rimshot:

GOD BLESS OUR TROOPS!!!
 
The following report details changes from 5/15 @ ~11am to 5/16 @ ~10am:
  • 10 ozt gold bars - from 111 to 152. Perth (+24), Pamp (+18), generic no assay (-1)
  • 1 ozt gold bars - from 2083 to 2148. Pamp (-43), Credit (+49), Apmex (+31), Perth (+26), generic w/o assay (+7)
  • 100 ozt silver bars - from 662 to 594. Johnson Matthey (-29), RCM (-16), Apmex (-27), various (+9), Johnson Matthey secondary market (-9), Englehard secondary market (+7)

There was a lot of restocking in 10ozt and 1ozt gold across several brands, so it is hard to guage sales volume over the last ~23 hours. It appears that Apmex took advantage of the drop in spot prices to restock gold inventories. I can only assume that they are unable to similarly restock silver as I'm not seeing much restocking activity. Inventory levels of 10ozt gold are the largest I have seen since I started tracking it last December.
 
The following report details changes from 5/16 @ ~10am to 5/17 @ ~10am:
  • 10 ozt gold bars - from 152 to 140. Perth (-6), Pamp (-3), generic no assay (-3)
  • 1 ozt gold bars - from 2148 to 2272. Pamp (-149), Credit (-37), Apmex (-10), Argor-Heraeus (-5 [sold out]), Perth (+332)
  • 100 ozt silver bars - from 594 to 592. Johnson Matthey (-54), RCM (+43), Englehard Bull Logo (+10)

Huge sales volume in 10ozt gold over the last ~24 hours. Sales volume was strong for 1ozt gold and 100ozt silver as well. Today's addition to the Royal Canadian Mint marks the first time in a couple of weeks since Apmex last restocked inventory on one of their major brands of 100ozt silver.
 
Since silver is now up a buck sixty one, I'll bet a jelly donut that these numbers are probably different now. ; - )
 
The following report details changes from 5/17 @ ~10am to 5/18 @ ~10am:
  • 10 ozt gold bars - from 140 to 118. Perth (-8), Pamp (-10), generic no assay (-2), Johnson Matthey (-2)
  • 1 ozt gold bars - from 2272 to 2198. Pamp (-83), Credit (-58), Apmex (-12), Heraeus (+12), Argor-Heraeus (+84), Perth (-15), Sunshine (-6)
  • 100 ozt silver bars - from 592 to 662. Johnson Matthey (+122), Apmex (-22), various (-26), RCM (-3), Sunshine (-4), Englehard secondary market (+6)

Huge sales volume in 10ozt gold over the last ~24 hours. It was the largest one day sales volume since January 28. Strong sales volume continues for 1ozt gold and 100ozt silver as well.

Today's addition to the Johnson Matthey inventory marks the most significant restocking on one of their major brands of 100ozt silver in two weeks (since May 5).
 
The following report details changes from 5/18 @ ~10am to 5/19 @ ~9am:
  • 10 ozt gold bars - from 118 to 142. Perth (-4), Pamp (+30), generic no assay (-2)
  • 1 ozt gold bars - from 2198 to 2592. Pamp (+265), Credit (+164), Apmex (-5), Perth (-16), Sunshine (-5), Generic w/o assay (-8 [sold out])
  • 100 ozt silver bars - from 662 to 559. Johnson Matthey (-118), Apmex (-5), RCM (-20), Englehard secondary market (+24), Johnson Matthey secondary market (+20), Englehard Bull Logo (-11)

Sales volume seems to have waned a bit (assuming the JM 100ozt silver report from yesterday was a glitch) from last couple of days frenzy, but it was still respectable.

Was yesterday's addition to the 100ozt silver Johnson Matthey inventory a glitch? Either that or they sold a shitload of silver in the last ~23 hours. The biggest inventory gains were once again in the "secondary market" offerings and for both of those options, they raised premiums another $0.10 per ounce.
 
The following report details changes from 5/19 @ ~9am to 5/20 @ ~9am:
  • 10 ozt gold bars - from 142 to 142.
  • 1 ozt gold bars - from 2592 to 2587.
  • 100 ozt silver bars - from 559 to 557.

Looks like everyone is holding their breath this weekend. Sales volume dropped off a cliff over the last 24 hours. No restocking either.
 
Perhaps tomorrow is the day Greece leaves the EU. If that happens, I expect absolutely massive capital flight from Spain, Ireland and Italy. The bomb will go off osmetime in the very near future, it is a certainty. When it does, gold and silver will be hammered down by paper selling to cover bets, making a final opportunity to load up before the great readjustment.
 
The following report details changes from 5/20 @ ~9am to 5/21 @ ~9am:
  • 10 ozt gold bars - from 142 to 139.
  • 1 ozt gold bars - from 2587 to 2558.
  • 100 ozt silver bars - from 557 to 541.

Sales volume still muted over the last ~24 hours. No restocking either.
 
Tulving is sold out of all 90% & 40% bags except WL Halves.


GOD BLESS OUR TROOPS!!!
 
Last edited:
Thanks BigJim. Tulving had been sold out of 40% for a good while now, but the sell out of 90% is new. Curiously, right now they have a listing for:
Tulving said:
90% Silver Coin Bags (Our Choice Dimes Or Quarters) $1,000 Face Value
We Ship in 2 $500 Face Bags - Figured at 715 Ozs Per $1,000 Face
Hundreds Of $1,000 Face Bags In Stock
Click to expand...
which they show as being sold out. Not sure how diligent they are in updating the inventory claims in the item descriptions.

It's been four (4) days since the last update (sorry about that!).

The following report details changes from 5/21 @ ~9am to 5/25 @ ~9am:
  • 10 ozt gold bars - from 139 to 129. Perth (-3), Pamp (-7)
  • 1 ozt gold bars - from 2558 to 2305. Pamp (-68), Credit (-216), Apmex (-13), Argor-Heraeus (-14), Perth (+35), generic w/o assay (+30)
  • 100 ozt silver bars - from 541 to 464. Johnson Matthey (-84), Englehard secondary market (-4), Johnson Matthey secondary market (-5), RCM (+17)

Sales of 10ozt gold appears to be steady over the last 4 days.

Sales of 1ozt gold is harder to guage. They raised the premium on the Apmex branded bars (63 left) which are still listed with future delivery date of June 8.

Sales of 100ozt silver looked very strong. Their current inventory of 464 bars is a new record low (at least since I started tracking on December 15). The previous low was 469 bars on December 17.
 
Took a walk to Tulving's site & still shows the bags as sold out.
.59 over for Buffalo 1oz rounds & some low premium Gold buys.
The minimums are tough for many but it's tough to beat his prices w/shipping included.
PMB,Thanks again for keeping us informed about availability.


GOD BLESS & BRING OUR TROOPS HOME!!!
 
The following report details changes from 5/25 @ ~9am to 5/26 @ ~9am:
  • 10 ozt gold bars - from 129 to 128.
  • 1 ozt gold bars - from 2305 to 2210. Pamp (-23), Credit (-63), generic w/o assay (-4)
  • 100 ozt silver bars - from 464 to 474. Johnson Matthey (-5), RCM (-6), Apmex (-1), Englehard secondary market (+7), "100ozt silver bar" secondary market (+15)

The only additions for 100ozt silver are secondary market and most of those are in a new generic (non-specified brand) category.
 
The following report details changes from 5/26 @ ~9am to 5/27 @ ~9am:
  • 10 ozt gold bars - from 128 to 128.
  • 1 ozt gold bars - from 2210 to 2178. generic w/o assay (-25)
  • 100 ozt silver bars - from 474 to 465. Johnson Matthey (-6)

Sales volume appears down on a Memorial Day holiday weekend. No inventory additions were noted.
 
The following report details changes from 5/27 @ ~9am to 5/28 @ ~9am:
  • 10 ozt gold bars - from 128 to 128.
  • 1 ozt gold bars - from 2178 to 2163.
  • 100 ozt silver bars - from 465 to 465.

If not for a few 1ozt gold bars, you'd think Apmex was closed. Sales volume continues to be non-existent on a Memorial Day holiday weekend. No inventory additions were noted.
 
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