"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
16 September 2013
NAV Premiums of Certain Precious Metal Trusts and Funds
The price capping in the precious metals is particularly obvious, and may be associated with a key FOMC meeting announcement on Wednesday.
Given that there is a steady offtake of physical supply the antics do not matter so much to the longer term.