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

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To: Dan P who wrote (651)4/22/2002 12:23:58 AM
From: Larry S.  Read Replies (1) of 972
 
Dan, et al,

Thank you for Rouleau's comments. It is interesting that he mentions Asian markets. I recall something in Barron's not to long ago about essentially all of the economies there starting to improve except for Japan. An improvement in economies around to world should help gold. Gold continues to look OK. In any event, I didn't find any discussion of PMs in this weeks Barron's.

The GMI/POG ratio:

On 04/18, the Barron's GMI was 412.44 up slightly from the previous week's 405.44. With the POG essentially unchanged at 301.08 (04/19), the ratio was up slightly at 1.37.

The ratio a year previously was 1.14.

Cheers,
Larry
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