India News: A group of friends in Kerala's Idukki district have successfully set up Kerala's first private small hydroelectric plant. The idea was conceived by Ra
‘PSLV’ Still a Powerful Idea Today
PSLV is a closed-end fund that lets investors redeem large blocks of shares in exchange for delivery of silver bullion.
The Sprott Physical Silver Trust often trades at a premium to net asset value (NAV). Closed-end funds can see large premiums and discounts, while exchange traded funds (ETFs) have an arbitrage feature that tends to keep prices in line.
“Samuelson believes silver remains undervalued relative to gold by 10% to 30%. With gold in the $1,825 to $1,875 an ounce range, silver should be trading at $30 to $35, he says,” according to
Barron’s.
PSLV “offers a potential tax advantage for certain non-corporate U.S. investors. Gains realized on the sale of the Trust’s units can be taxed at a capital gains rate of 15%/20% versus the 28% collectibles rate applied to most precious metals ETFs, coins and bars,” adds Sprott.
of individual freedom and of wealth creation. and the fact that britain went from where it was in the 70s, i lived there at the time, and it really was a depressing country in so many ways, impoverished. and the transformation of britain in the 80s helped make the case in the united states and really around the world that markets would be the primary engine of wealth creation which would benefit not simply the wealthy, but really would spread around the society. so thatcherrism, if you will, was a really big, powerful idea. martha: richard, on a personal level, she was a grocer s daughter, she studied chemistry, she was raised in a coldwater flat in london, very modest background. how did that help her sort of take on the unions? she was not an elitist, someone who went to all the finest schools in london as a child. she spoke to to them very much on their level. well, absolutely. and she could, she didn t have