That is the highest of any of the Canadian PM closed end mutual funds. GTU, CEF, PSLV and PHYS.
Would it be smart to move your PSLV into GTU or PHYS? roughly a 13-15% premium play. Just in case Sprott has a line on some silver.
I bet they need a break and the next offering is a month away. But you never know.
Also of a concern now is the difficulty Sprott had in getting silver this time around. You could be caught in a GLD/SLV scenario where your ETF like fund is actually well short of its 'stated' holdings.