The premium in PSLV for silver remains historically low.
I thought the bear raid this morning was all about breaking the upward momentum in silver in order to keep gold under wraps at 1650.
More on that later in the gold and silver commentary.
Every empire in its official discourse has said it is not like the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. And, sadder still, there always is a chorus of willing intellectuals to say calming words about benign or altruistic empires, as if one shouldn't one's eyes watching the destruction and the misery and death brought by the latest 'mission civilisatrice.' Edward W. Said