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

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wade who wrote (890)	11/14/2004 10:23:01 PM
From: Larry S.	Read Replies (1) of 972

Wade, et al, The weak dollar was mentioned in several Barron's articles this week and the Commodities Corner discussed the fact that oil might be falling in response to concern that the dollar would fall to the extent of causing a global recession. This would be good for PMs. One guru suggests that the Administration is likely to do more to reduce the deficits but I haven't heard anything to support such a view. Lease rates continued the pattern that suggests that leased gold is no longer being sold to hold the price down. The GMI/POG ratio for the past week: On 11/11, the Barron's GMI was 684.26, up from the week's before last 675.26. With the POG up at 436.05(11/12), the ratio up unchanged at 1.57. 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 1.70. Larry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next