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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)
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To: Larry S. who wrote (603)11/25/2001 11:09:15 PM
From: Larry S.  Read Replies (1) of 972
 
Dan, et al,

I neglected to post Barron's GMI last week so I will include two weeks data below. FWIW, I didn't notice any significant mention of PMs in Barron's this week or last. However, it may be of significance that copper seems to be following the interest rate on the long bond and moving up.

The GMI/POG ratio:

On 11/15, the Barron's GMI was 300.84, down slightly from the previous week's value of 311.87. With the POG down to 274.50 (11/16), the ratio was down slightly to 1.10.

For the shortened Thanksgiving holiday week, on 11/21, the Barron's GMI was 296.01, down from the previous week's value of 300.84. With the POG down to 272.80 (11/21), the ratio was down to 1.09.

The ratio a year previously was 0.89..

Cheers,
Larry
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