24 July 2015
NAV Premiums of Certain Precious Metal Trusts and Funds
The discount on CEF is remarkable.
The gold to silver ratio is quite high.
Both metals are oversold.
If the precious metals rebound silver will have quite a bit of catching up to do, and will likely outperform to the upside as they have outperformed to the downside. Beta giveth, and beta taketh away.
Silver has done this over the last six months for example.