The Central Fund's NAV discount has contracted quite a bit from what it had been.
Sprott Gold has raised its cash by selling additional units.
Sprott Silver is priced at a slight discount, which is a bit unusual given its historical norms.
The gold/silver ratio is still a bit high, but not as high as it had been.
The rally in gold is being driven by a flight to safety, among other things. Although Year-To-Date silver is still leading gold on a percentage basis, and many other financial assets as well.
We will be hearing from the FOMC within the hour.
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