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

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To: Larry S. who wrote (568)5/6/2001 11:48:01 PM
From: Larry S.  Read Replies (1) of 972
 
Dan, et al, .

FWIW, just as last week, I didn't find anything of significance in Barron's this week concerning PMs. In his Economic Beat column, Epstein explained why the increase in the unemployment rate isn't a problem for the economy. Of course, Abelson, in his column gave the opposite view and suggested that we are in a recession.

The GMI/POG ratio for this week::

On 5/03, the Barron's GMI was 312.90, down slightly from the previous week's value of 313.50. With the POG up to 266.60 (5/04), the ratio was down slightly to 1.17. The ratio a year previously was 1.09.

Cheers,
Larry
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