Precious Metals mutual funds (gold, silver, PGMs) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry S. who wrote (884)	10/14/2004 7:55:19 PM
From: Larry S.	Read Replies (1) of 972

Wade, et al, There wasn't been anything in Barron's that I noticed concerning PMs in last week's magazine. Lease rates haven't been following the pattern that strongly suggested the sale of leased gold to hold the price down. They came down prior to the break in the price of base metals as well as PMs yesterday but it is not clear to me that it means anything. The GMI/POG ratio: On 10/07, the Barron's GMI was 674.45, up from the week's before last 671.55. With the POG also up at substantially 421.75 (10/08), the ratio backed off slightly to 1.60. The ratio continues in the middle range where it doesn't suggest a rise or drop in the POG. The ratio a year ago was 1.60. Larry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next