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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)
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To: Dan P who wrote (632)3/12/2002 7:01:13 PM
From: Larry S.  Read Replies (1) of 972
 
Dan, et al,

Yes, gold did correct but so far it looks to me to be quite healthy.

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

The GMI/POG ratio:

On 03/07, the Barron's GMI was 360.76 down significantly from the previous week's value of 379.06. With the POG also down significantly to 289.15 (03/08), the ratio was down at 1.24

The ratio a year previously was 1.19, up substantially from its low..

Cheers,
Larry
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