Loading ...Of course there’s no reason to mess with JNUG and NUGT unless you’re as nimble as R640 seems to be. I just find it odd and think it may even be a sign that the shares are about to embark on an epic run, and the scumbag bankers don’t want goldbugs to be experiencing enormous profits for the first time in over a decade. They only change the rules when they stand to benefit it seems, and I guess they won’t benefit when pm shares are on a one way road higher?
As far as Sprott, I think the guy is honest and his intent is to back his funds with real metal to be held for redemption, but what happens if we see the metals prices soar and large buyers come into his funds demanding delivery? What if he has to pay large premiums to get metals? Will it be reflected in the share prices to cover the premiums?
I guess I have a lot of questions and would much prefer to hold physical. not trying to dissuade anyone, but I might put them to the test if I’ve been holding for awhile.