SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan P who wrote (386)7/25/1999 1:22:00 PM
From: Larry S.  Read Replies (1) of 972
 
Dan, et al:

I missed a week again. It is hard to maintain one's interest in posting the Barron's GMI/POG indicator with the market so bad and the indicator seemingly meaningless but we must persevere.

On 7/15, the Barron's GMI was 317.37, down from the previous week's 327.92. With the POG down to 255.65 (7/16), the ratio was up slightly at 1.24.

On 7/22, the Barron's GMI was 323.58, up from the previous week's 317.37. With the POG down to 255.30 (7/23), the ratio was up at 1.27. A year earlier the ratio was 1.21.

As has been the case for most of the past year, based on the data referenced in post 10, the ratio continues in the range of values that strongly suggests the XAU will be substantially higher within a year. However, the fact that the ratio has been in this range for more than a year suggests that the data referenced in post 10 isn't adequate statistically and/or that we are experiencing an abnormality.

Cheers,
Larry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext