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 (916)	3/7/2005 9:35:04 PM
From: Larry S.	Read Replies (1) of 972

Wade & Dan, et al, Yes Wade, I think PMs are going to move higher and I think copper has broken out from a six month ascending trianble, which should be bullish for metals. However, there are a lot gurus suggesting that, while the long term bull is still in tact, it is going pause here and the dollar will move up. Far be it for me to argue with the experts but it is hard to see how that latter can happen (for long) without a major change in polities in WDC. I haven't seen anything in Barron's lately that is worth reporting here. And, while lease rates are moving up and down a little they continue to stay very low and I can't read anything into them. The GMI/POG ratio: On 3/03, the Barron's GMI was 658.62. down from the prior week's 665.25. With the POG similarly down at 433.45 (3/04), the ratio essentailly unchanged at 1.52. The ratio continues in the middle range where it doesn't suggest a rise or drop in the POG. It is clear that there is very little speculation behind the price of stocks at this time. The ratio a year ago was 1.64, reflecting the fact that the optimism in the markets was a little greater than today. Larry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next