25 June 2013

NAV Premiums of Certain Precious Metal Trusts and Funds - Comex Option Expiry - Bazinga

Just another Comex option expiration.

There are two things that are fascinating at the moment.

The first is watching the declining inventory of registered gold at the Comex. Although keep in mind that there is a much larger store of eligible bullion there that could be switched to registered and available for sale at the right price.

And the second is the worldwide manhunt for Edward Snowden. It is fascinating, especially if you can watch it from some objective distance and see the propaganda campaign that goes with it.   Why is the great reformer possessed by an almost Nixonian desperation for secrecy?

Curiouser and curiouser.

The Search for Edward Snowden