IKN

More matter with less art

Good news and bad news for the Sprott Physical Silver Fund (PSLV)

The good news is that PSLV has more assets under management than this time last year:

The bad news is that it’s because it owns sixteen million, four hundred and nine thousand, five hundred and seventy-four more ounces of gold silver than this time last year. Or if you prefer:

At least mister Eric hasn’t had to sell any of the bullion in the fund. Yet.

Update Thursday. Gosh, did i say gold up there? Brainfarts R us, thanks for the mails (plural)

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