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

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To: Dan P who wrote (642)4/3/2002 8:50:05 PM
From: Larry S.  Read Replies (1) of 972
 
Dan, et al,

One day does not a trend make but today may be the start of the correction. It seems to be continuing tonight. However, with the conflict in the Middle East heating up, any correction is likely to be short, I would think..

Apparently Barron's was only "late" in posting an update of their GMI. I was looking for something else tonight and found that it has been brought up to date.

The GMI/POG ratio:

On 03/28, the Barron's GMI was 420.86 up significantly from the previous week's 385.67. With the POG also up slightly to 301.40 (03/29), the ratio was up significantly to 1.40.

The ratio a year previously was 1.05.

Cheers,
Larry
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