SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Larry S. who wrote (764)9/22/2003 10:54:32 PM
From: Larry S.  Read Replies (1) of 972
 
Dan, et al,

I didn't find anything of direct relevance to PMs in Barron's this past week. Moves in the lease rates may be telling us something different. They don't seem to be following the pattern of past months. Could it be that they are telling us the those that were leasing gold to sell into the market to cap the POG have given up? Sinclair has been arguing that they were about to lose and perhaps the relatively random movement in lease rates is supportive of this view.

The GMI/POG ratio:

On 09/18, the Barron's GMI was at 602.31, down a little from the previous week's 609.10. With the POG up a little at 379,75(09/19) the ratio was down slightly at 1.58.

A year ago the ratio was 1.35.

Cheers,
Larry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News