“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
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.