"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
24 February 2016
NAV Premiums of Certain Precious Metal Trusts and Funds
The Central Fund of Canada is going to need to raise short term cash levels at some point. Historically they have done this through secondary offerings.