12 April 2013

Net Asset Value Premiums of Certain Precious Metal Trusts and Funds

The hedge funds seem to be having their way with the metals market.

This makes us wonder how relevant the paper market is to the physical market.

It must be very difficult to be a retail provider of gold and silver in market where your base pricing is set by such fluffy nonsense. 

Jim Cramer offers what could be at least a partial explanation although I am sure the mainstream pundits will be quick to defend the system as it is.