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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)

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To: Richard Mazzarella who wrote (352)3/28/1999 11:28:00 PM
From: Larry S.  Read Replies (1) of 972
 
Richard, et al,

Barron's GMI was 316.83 on 3/25, up slightly from 314.77 the previous week. With the POG up to 279.80 (3/26), the ratio is 1.13, up slightly from last week's 1.11. It continues at a level that is nearly off the chart and, based on the date referenced in post 10, it is in the range of values that strongly suggest the XAU will be substantially higher within a year.

Cheers,
Larry
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