Seems that there's always a huge dust-up over Sprott's $PSLV fund and whether it holds any more "value" relative to $SLV or silver futures.
I'll put in my 2 cents (silver cents, of course) and look at the relative performance distribution between the two.
So if past history tells us anything, and if mean reversion actually does hold, then a long $PSLV short $SLV pairs trade makes sense, for now.
Want more? Go to the expert on this relationship here.