17 December 2012

SP 500 and NDX Futures Daily Charts


Late day rally after week NY Fed Empire report this morning.

Trading is thin for the holiday season already. Shenanigans abound.




Net Asset Value Premiums of Certain Precious Metal Trusts and Funds



Premiums remain rather thin on the Sprott funds in particular.

First Majestic paid a 69% premium over the 30 day average price in a friendly acquisition of Orko Silver it was announced this morning.