Sprott PSLV and PHYS premium fall to a record low

Today we record the lowest premium for the Sprott physical silver and Sprott physical gold trust, indicating a disinterest in gold and silver.

The premium for PHYS fell to a record low of 2.33% (Chart 2). The premium for PSLV fell to a record low of 5.86% (Chart 1).

(and if nobody wants it, it’s time to buy it)

Chart 1: PSLV Premium (%) (blue) VS Price (USD) (orange)

Chart 2: PHYS Premium (%) (blue) VS Price (USD) (orange)