“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
31 August 2012
Net Asset Value Premiums of Certain Precious Metal Trusts and Funds
I trimmed my sails in to the long weekend.
Sprott silver continues to underperform a bit in premium compared to Sprott gold.