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<p>[QUOTE=&quot;medoraman, post: 1689362, member: 26302&quot;]Thanks for the background Jim. So ETF&#039;s would only be a canary, if the traded price exceeds or is less than the NAV?</p><p><br /></p><p>Still, I am sure stuff is going on, I am just unwilling to say illegal stuff unless I knew for sure. Its highly likely its a motion play, with some large investors seeing momentum on the downside. Action begets action. In such a situation ANY price is possible, up or down, so I try to sit on my hands until it shakes out. I am still hoping it shakes out on the low side, what I personally consider fair value, so I have an excuse to start buying pm again.[/QUOTE]</p><p><br /></p>

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