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Sprott Physical Silver Trust Much Too Expensive

The heavily-traded shares of PSLV, aka Sprott Physical Silver Trust, trade at over a 20% premium to the value of the silver held by the trust.  Meanwhile, every year, about 0.7%  of the value of the...

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The Fed May Fire Multiple Bazooka Rounds: Housing Bubble 2.0 Ahead?

Two decades ago, Dana Carvey got laughs by imitating President George H. W. Bush and saying:  “Wouldn’t be prudent”.  Those were “prudent” times- the Perot balanced budget movement, the recurrent tax...

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