"A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless."
Francis I, 16 May 2013
12 December 2014
NAV Premiums of Certain Precious Metal Trusts and Funds
Sprott Silver has gone to a negative premium (discount) to NAV which is something we have not seen in a while.
I suspect that word is getting around that they will be looking to do a secondary offering earlier than later next year.