“Modern tyranny is terror management. When the terrorist attack comes, remember that authoritarians exploit such events in order to consolidate power. The sudden disaster that requires the end of checks and balances, the dissolution of opposition parties, the suspension of freedom of expression, the right to a fair trial, and so on, is the oldest trick in the Hitlerian book. Do not fall for it.”
Timothy Snyder, On Tyranny
19 November 2012
Net Asset Value Premiums of Certain Precious Metal Trusts and Funds
Sprott Silver (PSLV) added another ten million dollars worth of silver to its books.
The market is still digesting the recent fund expansion, as the premium is extraordinarily low.