"In the Incarnation the whole human race recovers the dignity of the image of God. Thereafter, any attack, even on the least of men, is an attack on Christ, who took on the form of man, and in his own Person restored the image of God in all. Through our relationship with the Incarnation, we recover our true humanity, and at the same time are delivered from that perverse individualism which is the consequence of sin, and recover our solidarity with all mankind."
Dietrich Bonhoeffer
Why do CEF and GTU carry such a premium over Net Asset Value?
Because this is the premium people are willing to pay for what they perceive to be 'real bullion' versus 'paper bullion.'
GLD tends to have a negative premium because it is a vehicle for traders, and particularly short sellers.
Deviations from NAV in themselves mean little, if the deviation is steady. It is in the fluctuations that information, and opportunities, are discovered.
