Precious Metals mutual funds (gold, silver, PGMs) Message Board

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

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To: Larry S. who wrote (713)	2/18/2003 3:39:59 PM
From: Larry S.	Read Replies (1) of 972

Dan, et al, I didn't notice any significant mentions of PMs in the past week's Barron's. I had expected at least one article relishing in the set back in the price of gold. The POG continues to fall and lease rates continue to rise, but not much, suggesting that the fall in the POG is due to more than BBs leasing and selling. Kitco updated lease rates today and the one-year rate is up to 0.61%. The GMI/POG ratio: On 02/13, the Barron's GMI was at 470.86, down from the previous week's 489.36. With the POG down at 354.25 (02/14), the ratio was up a little at 1.33. The ratio a year previously was 1.30, nearly the same. Cheers, Larry

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