"Seneca had made the bargain that many good men have made when agreeing to aid bad regimes. Their presence strengthens the regime and helps it endure. But their moral influence may also improve the regime's behavior. For many, this has been a bargain worth making, even if it has cost them—as it may have cost Seneca—their immortal soul. The Rome he has been trained to serve, the Rome of Augustus and Germanicus, was gone. In its place stood Neropolis, ruled by a megalomaniac brat.” James Romm
01 November 2011
Net Asset Value of Certain Precious Metal Trusts and Funds
I would like to know the details of how Sprott Silver is managing its cash, and whether it holds any units of the fund back for occasional cash sales.