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 (938)	9/15/2005 7:07:42 PM
From: Larry S.	Read Replies (1) of 972

Wade & Dan et al, I think I missed a couple of weeks or I messed up in posting the data for the second a third weeks of August. Sorry about that. I will post the last three weeks below. I don't recall seeing anything in Barron's the past few weeks concerning PMs. Lease rates looked like they were going to equal their all-time lows last week but they have bounced back; though they remain very low. I'm not sure what they are telling us. The GMI/POG ratio: On 8/25, the Barron's GMI was 650.44 down from the 8/05's 664.15. With the POG also down at 436.75 (8/26), the ratio was down at 1.49. On 9/01, the Barron's GMI was 688.07 up from the previous week's 650.44. With the POG also up at 443.60 (9/02), the ratio was up at 1.55. On 9/08, the Barron's GMI was 695.18 up from the previous week's 688.07. With the POG also up at 448.25 (9/09), the ratio held at 1.55. The ratio has reached the high side of the middle range but it doesn't yet suggest strongly a rise or drop in the POG or stocks. It may be indicating that interest in mining stocks is beginning to increase significantly. The ratio a year ago was 1.50, almost as high as today. Larry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next