The Sprott silver fund (PSLV ) remains at a high premium of 18.4% to NAV. I guess this is the real price of physical silver.
The Sprott gold fund (PHYS) has a premium to NAV at 6.00%. This number is beginning to rise as investors clamor for real metal.
http://harveyorgan.blogspot.com/
NAV=Net Asset Value
“”The Sprott silver fund (PSLV ) remains at a high premium of 18.4% to NAV. I guess this is the real price of physical silver.””
Which would make physical $42.81 at this moment.
Sounds about right, which makes eagles in quanity a pretty good bargan. Not sure why, but I’ve always preferred them over bars and rounds. Well, actually I’ve ran the numbers and the extra premium is easily recovered and then some at sale.