04 September 2013

NAV Premiums of Certain Precious Metal Trusts and Funds

"Nec eventus modo hoc docet, stultorum iste magister est, sed eadem ratio, quae fuit futuraque, donec res eaedem manebunt, immutabilis est."

Livy, History of Rome, Book 22

And it is not only the result that will instruct them, that teacher of fools, but reason itself, which was and will be unchanging, so long as the same fundamental conditions still hold.