The PSLV premium seems on the historically cheap side, but the fund is still digesting their latest shelf offering that added units and is still adding silver it appears.
The cash level is high.
"The world needs a new generation of policymakers who don’t hobnob with billionaire speculators and who understand workers’ concerns. Unfortunately, the change will not come smoothly. Political turmoil in the West is very much about this. A heavy price has to be paid to bring about the change."
Andy Xie, SCMP 21 Sept 2018