PSLV trading at a large discount to it’s NAV
This is an observation not a recommendation.
PSLV is allocated silver not hypothecated.
https://ycharts.com/companies/PSLV/discount_or_premium_to_nav
This is an observation not a recommendation.
PSLV is allocated silver not hypothecated.
https://ycharts.com/companies/PSLV/discount_or_premium_to_nav
Not only is it at a large discount, your post from their table shows that discount is much higher than even before the recent run started. That is a very positive contrary indicator.
Looking back over 5 years the extreme discount has only lasted for a week before returning to the average. May have a few more days of the deep discount before it trends back. Each of the previous extremes marked a turning point either up or down from there. It could be a reversal for Silver if it is a direction change. Not predicting that but looking at the pattern.