Interesting outperformance of the Sprott Gold Fund albeit with razor thin margins on the others, with Sprott Silver showing a little life.
The Gold/Silver ratio is back above 55 as you will notice.
I did take the opportunity to buy some volatility on the initial exuberance for the Cyprus deal.
I have not yet gone into the miners, and hold bullion for the long term only here.
I do not care for these markets as they are quite artificial and more like a meringue, with the consistency of sugary whipped egg whites, than a foundation for future recovery and prosperity.
