Anyone able to calculate where this will be then? Also, does PSLV have decay? Thx
Multiply the total amount of silver in trust by the spot price of silver to get the total market value of the silver in the trust. Then, divide that price by the total shares outstanding.
40,472, 902 oz. X 140 USD/oz. = 5,666,206,280 USD
5,666,206,280 USD/103,792,497 shares = $54.59 NAV per share
Thank you guys. Much appreciated. Let's hope silver does go there and beyound.
Same ratio would be 2.5 to 1 so 56
Impossible to say. The premium is variable. The NAV alone would be near 55, over 4x the current NAV of 13+.
At this rate, you wonder if it'll EVER hit 50 again. I mean seriously, QE Forever barely sent silver higer.