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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)
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To: Dan P who wrote (443)1/16/2000 12:46:00 AM
From: Larry S.  Read Replies (1) of 972
 
Dan, et al,

Thank you Dan for the info. It is very interesting.

This week's Barron's has several analyses/discussions relevant to the direction of the price of PMs in 2000. Among them are projections that the global economy will be strong, the dollar will be weak and the EURO will be stronger, all of which support high prices for PMs.

On 1/13, the Barron's GMI was 344.56, down from the previous week's 358.69. With the POG up to 283.30 (1/14), the ratio was 1.216, down from the previous week's 1.27. A year ago the ratio was 1.17. The ratio continues, as it has for more than a year, in the range of values that, according the data referenced in post 10, suggests a much higher GMI within a year.

Cheers,
Larry
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