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 (208)	7/1/1998 7:41:00 AM
From: Richard Mazzarella	Read Replies (2) of 972

Larry, thanks for the Barron's index. I think that the tread is quiet because of the poor performance in POG. The forecaster suggests that we may have a bottom in, but none of the signals are currently a buy. We have been head faked a number of times and the fundamentals for POG are poor. Maybe this negativism also signals a buy? Your logic for a move in POG is excellent, but logic has been depreciating my metals portfolio recently. Unfortunately, I already blew my wad on precious metals and can only wait. It would have been nice to be with cash and come in at this level, but picking the absolute bottom is tough. Is this the bottom?

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