Being that $35 is a somewhat technical and a very pshychological price point it appears that the cartel is putting up stiff resistance at that level. I think if spot silver closes above $35 we'll get the next wave of buyers which should push it to $37 plus. Silver had a great third quarter so a pause to refresh isn't a bad thing. I'm just wondering if they dip her back towards $32 before it breaks towards $37.
Patience Grasshopper. Good things come to those that wait. Also, people stop answering the question I already answered. Nobody knows the price of PSLV at a future point, only the NAV. The premium is variable, based on several factors. At $140 the NAV would be about 55. PSLV would be 55 plus the premium. There will be a premium.