Sunday 24 April 2011

Hi Ho, Silver: Some Fund Investors Could End Up Tarnished

http://online.wsj.com/article/SB10001424052748704889404576277294113826806.html?mod=WSJ_Markets_LEFTTopStories

Again - confirming the mania in Silver.

I cant imagine I am living thru this.


At last count, the silver in the fund was worth $18.15 a share—but the market price of the fund's shares was $22.11, a 22% premium over their net asset value.
Why would anyone pay $1.22 on the dollar for an asset that has already delivered blinding returns?

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