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

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To: Larry S. who wrote (675)7/12/2002 7:15:02 AM
From: Dan P  Read Replies (1) of 972
 
For whatever it's worth, Dines expects the overall market to begin a summer rally, although terrorist acts could put a lid on such. Also of interest, the FIG (future inflation gauge) turned positive about a month ago for the first time in many months.






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"The Future Inflation Gauge, an index developed by the ECRI (Economic Cycle Research Institute) to monitor inflation trends, has finally turned POSITIVE in June 2002 for its GROWTH measure, after being negative for 21 months since September of 2000.

The annualized growth rate, which smooths out monthly fluctuations, soared to 5.5 percent in June from -0.4 percent in May." from Azteca de Oro




Dan
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