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NAV Premiums of Certain Precious Metal Trusts and Funds

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Published : October 13th, 2014
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Category : GoldWire

As a reminder you should be able to 'right click' on any of my pictures and charts and select open in new tab or window to open them in a full screen original size.

Silver is still a bit weak historically in comparison to gold.

The PSLV premium is a bit enthusiastic as it is often wont to do. Their cash level is quite low at about .155% of assets suggesting that they will do a shelf offering of shares to raise cash levels once silver shows some market strength.  That shelf offering generally knocks the premium down about two or three hundred basis points.  I am surely not the only person with an eye to the spreads.



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Did you see how fast the gold miners shares dropped as the stocks plunged this afternoon?
Even as the price of gold went up! Either the folks in gold were forced to sell to cover margin calls,
or the hedge funds simply 'threw the baby (gold miners) out with the water'.
When you add the bank & Fed manipulators to the mix is an absolute circus.
Jesse, what's Harvey Organ doing now that his blog has been shut down?
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Did you see how fast the gold miners shares dropped as the stocks plunged this afternoon? Even as the price of gold went up! Either the folks in gold were forced to sell to cover margin calls, or the hedge funds simply 'threw the baby (gold miners) out  Read more
glasstiger - 10/13/2014 at 9:28 PM GMT
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