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 (862)	6/23/2004 9:22:44 PM
From: Larry S.	Read Replies (1) of 972

Dan, et al, I guess I went to sleep on the job and forgot to post. The best I can do is post the past two weeks. I doesn't really matter as the POG and the GMI haven't changed much. The GMI/POG ratio: On 06/10, the Barron's GMI was 546.40, up from the May 20th's 542.57. With the POG also up at 384.95(06/11), the ratio was essentially the same at 1.41. On 06/17, the Barron's GMI was 552.94, up from the previous week's 546.40. With the POG also up at 395.10(06/18), the ratio was at 1.40. The ratio continues in the middle range where it doesn't suggest a rise or drop in the POG. The ratio a year ago was 1.48. The GMI a year ago was nearly 530, only a little below today's level. Let's hope that the past year has been the pause the refreshes and that the market regains its upward momentum. Larry

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