As a reminder you should be able to 'right click' on any of my pictures and charts and select open in new tab or window to open them in a full screen original size.
Silver is still a bit weak historically in comparison to gold.
The PSLV premium is a bit enthusiastic as it is often wont to do. Their cash level is quite low at about .155% of assets suggesting that they will do a shelf offering of shares to raise cash levels once silver shows some market strength. That shelf offering generally knocks the premium down about two or three hundred basis points. I am surely not the only person with an eye to the spreads.