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

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To: Larry S. who wrote (391)7/26/1999 8:21:00 AM
From: Dan P  Read Replies (1) of 972
 
Larry:

Thanks for the post. It may take well into next year before we
begin to see a recovery in the pog. As someone has pointed out,
the US has been selling gold, in the form of gold coins, as opposed
to outright central bank sales. I think the result is the same.
On the other hand, it has also been said that in a previous upward
move in gold, that ws preceded by robust gold coin sales.

Regards

Dan
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