Tuesday, May 8, 2012

Net Asset Value Premiums Of Certain Precious Metal Trusts and Funds



Unless stock prices sell off further these premiums on the metals are more indicative of a bottom formation than anything else.

But that is a big 'if' given the risk aversion sparked by the disorder in Europe.

For long term investors, this is relatively meaningless, a great deal of noise.

Someone asked me today what will break these paper games. I do not know, but in the short term the

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