Right now I'm contemplating weather I should buy some SLV or PSLV, which one do you think is preferable?
Physical and mining shares not silver trusts because... there is no guarantee that their prices will reflect the price of silver, that's scary.
well it looks like the mining shares haven't reflected the price movement of silver as well as the ETFs
I'm looking at a mining company called Colossus minerals inc. it's Canadian and so far their project that they are working on looks promising. I think I might get some PSLV along with some mining shares.
The premium to NAV in PSLV is very high (>17%). I find it interesting that even Sprott himself sold some holdings to cash out the premium and reinvest into stocks. Here is an interesting spreadsheet for reference that tracks the various NAVs: https://spreadsheets.google.com/ccc...0UG10QWxkalIwb2c&hl=en&authkey=CNzzi40L#gid=0