Dana Samuelson News Today

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‘PSLV’ Still a Powerful Idea Today PSLV is a closed-end fund that lets investors redeem large blocks of shares in exchange for delivery of silver bullion. The Sprott Physical Silver Trust often trades at a premium to net asset value (NAV). Closed-end funds can see large premiums and discounts, while exchange traded funds (ETFs) have an arbitrage feature that tends to keep prices in line. “Samuelson believes silver remains undervalued relative to gold by 10% to 30%. With gold in the $1,825...

Staff, patrons remember Dallas restaurateur Tom Ruggeri as a great entertainer and friend The owner of Ruggeri’s restaurant died in early January. Owner Tom Ruggeri in front of Ruggeris restaurant in Dallas in October 2014. He opened the first Ruggeri’s restaurant on Routh Street in 1985.(Kirsten Kearse / Staff photographer) Anytime Paula Scholz hears an Elvis song, she thinks of Tom Ruggeri. She worked with him for 18 years, starting as a waitress, shuttling cocktails back and forth, then ...