"Our government is the potent, the omnipresent teacher. For good or for ill, it teaches the whole people by its example. Crime is contagious. If the government becomes a lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy."
Louis Brandeis, Olmstead v. United States, 1928
29 July 2014
NAV Premiums of Certain Precious Metal Trust and Funds
Premiums are subdued the day after a Comex option expiration, and ahead of the big economic news this week.
Sprott Silver shows some spark. Its cash level continues to decline suggesting a secondary offering at some point.