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 (731)	6/16/2003 11:06:20 PM
From: Larry S.	Read Replies (1) of 972

Dan, et al, I didn't notice anything in Barron's this past week concerning PMs. Lease rates continue to fascinate me and their action this past week demonstrated that leased gold is still being used to suppress the POG. The one-year rate got down to a new low of 0.33% and rose back to 0.42% when the POG dropped. The rate dipped again today. The GMI/POG ratio: On 06/12, the Barron's GMI was at 498.94, down from the previous week's 504.23. With the POG also down at 353.05(06/13), the ratio was up at 1.41. A year ago the ratio was 1.40. Cheers, Larry

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