“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead
02 June 2010
Net Asset Value of Certain Precious Metal Funds and Trusts
Sprott completed its premium-busting unit offering and is now using the cash proceeds to procure bullion for the fund at an aggressive pace that suggests that it had made arrangements beforehand.