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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)
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To: Dan P who wrote (595)10/6/2001 11:00:04 PM
From: Larry S.  Read Replies (1) of 972
 
Dan, et al,

FWIW, there was no mention of PMs in Barron's this week nor, as I recall, has there been significant mention of PMs since the horrible terrorist attacks. Epstein continues to be less bearish than most but it appears that, as a result of the attacks, he expects the economy to sag during the third and fourth quarters.

In any event, Barron's published the GMI data this week and included last weeks data so I have included last week's data as well below. The GMI/POG ratio:

On 9/27, the Barron's GMI was 323.32. With the POG at 293.10 (9/28), the ratio was 1.10, the same as it was just before the attack.

On 10/4, the Barron's GMI was 319.50, down from the previous week's value of 323.32. With the POG also down slightly to 291.20 (10/05), the ratio was unchanged at 1.10.

The ratio a year previously was 0.92..

Cheers,
Larry
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