NAV per share: 0.9974
Performance since inception: -0.98%
Earlier last week was good before the notion of the US government reopening spooked the market, fearing higher-then-expected inflation data would stall the FED’s rate cut path.
Silver has shown signs of recovery and we’ll be adding to our position.
We’re now out of long term US government bonds and global REITs, and continue to short cryptocurrencies.