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 (743)	8/17/2003 9:03:01 PM
From: Larry S.	of 972

Dan, et al, I didn't see anything of direct significance to PMs in Barron's this week. But there was a lot about bonds and the stock markets, dome bullish, some bearish. Lease rates movement didn't seem to support my view that BBs are leasing gold to sell into the market to suppress the price. However, there wasn't much movement and it may not say anything about what it happening. The GMI/POG ratio: On 08/14, the Barron's GMI was at 542.64, up significantly from the previous week's 542.64. With the POG also up significantly at 363.60 (08/15 - from Kitco as Barron's didn't provide a number), the ratio was essentially unchanged at 1.56. The data for year ago was not provided - result of power outage. Cheers, Larry

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