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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)
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To: Richard Mazzarella who wrote (227)9/8/1998 11:56:00 PM
From: Larry S.  Read Replies (1) of 972
 
Richard,

Thanks to Internet access problems and a commercial power failure, I'm a little late posting the Barron's bit this week. Sorry about that. Barron's GMI was 317.44 on 8/27, up from 281.93 last week and the majority of the way back to the previous week's 330.32. With the POG up to 285.00 (9/4) the ratio was 1.11; while up significantly, still in very bullish territory and strongly suggests that gold stocks will be a lot higher by the Fall of 99.

Cheers,
Larry
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