"Force may make hypocrites, but it can never make converts."
29 June 2015
NAV Premiums of Certain Precious Metal Trusts and Funds
Despite unfolding debt crises in Greece, Ukraine, and Puerto Rico, the flight to safety in precious metals is being well managed in the paper markets.
The gold/silver ratio is nose-bleed high.
The premium on Sprott Silver is slightly positive, showing a bit of resistance for those holding physical bullion, even if by proxy.
The confidence game is long in the tooth, and some are not willing to play this time. Much moreso in the physical bullion markets of Asia. They are playing by stacking.
Posted by Jesse at 1:13 PM