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NAV Premiums of Precious Metal Trusts and Funds

IMG Auteur
Jesse
Le Cafe Americain
Published : March 02nd, 2015
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Category : GoldWire

The cash level for the Sprott Physical Silver Trust is at the point of depletion.

Time to roll out that new follow on offering and bulk it back up.  The last one was in November 2012.
With this kind of premium to NAV they should be able to do it.
Given the huge claiming for the opening of the March contract period in silver, perhaps the 'suppliers' are already gathering together the bullion to support it.
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