"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994
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.