Secondary offering in the equity of the CEF fund is pending, although this tends to be a wash less transaction fees because the proceeds are used to expand the base of metals held.
The premiums expand and contract in the funds depending on sentiment on the future course of gold and silver bullion prices. The premiums on the ETFs are relatively stable, representing 1/10 ounce of the metal with a discount to the spot price for management fees. There is no NAV presented because the volume of any metal that might be underlying the price fluctuations varies greatly, and can lag.
"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel