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

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To: Dan P who wrote (626)2/21/2002 12:27:20 AM
From: Larry S.  Read Replies (1) of 972
 
Dan, et al,

I almost forgot about posting the GMI/POG ratio this week but, as a result, I can congratulate you on your short-term-top call. It appears that you were right on. Now, the question is how far will the POG have to correct before it moves up again.

I didn't find any significant mentions of PMs in this weeks Barron's.

The GMI/POG ratio:

On 02/14, the Barron's GMI was 389.18 down slightly from the previous week's value of 394.43. With the POG down to 303.30 (02/15), the ratio was held at 1.30.

The ratio a year previously was 1.04.

Cheers,
Larry
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