The premium in PSLV for silver remains historically low.
I thought the bear raid this morning was all about breaking the upward momentum in silver in order to keep gold under wraps at 1650.
More on that later in the gold and silver commentary.
"The truly hysterical part of this cycle is still approaching, and it may get quite a bit worse when it does. Paranoia is almost a given when the exceptional fail spectacularly. There may be blood, if history is any indication, and a great deal of propaganda and distorted information spread by the money masters, without doubt. Those who have gone before us have stood on similar ground, over and over again. And now it is our turn."
Jesse, Keep the Faith, 7 July 2017