The US markets are closed today. I checked the Canada varket for the price of CEF-A.TO and it is up $0.34, 1.8%. The world price of gold on the spot market is virtually unchanged today (down 0.30)and silver is down $0.16.
Does todays large increase in CEF premium (approximately 1.8%) indicate that someone thinks tomorrow may have a large upside to silver spot price?