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.
"Why is my language not clear to you? Because you are unable to hear what I say. You belong to your father, the devil, and you want to carry out your father’s desires. He was a murderer from the beginning, not holding to the truth, for there is no truth in him. When he lies, he speaks his native language, for he is a liar and the father of lies."
John 8:43-44