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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs) -- Ignore unavailable to you. Want to Upgrade?


To: Larry S. who wrote (415)10/31/1999 10:00:00 PM
From: Larry S.  Respond to of 972
 
Dan, et al,

On 10/28, the Barron's GMI was 364.95, down from the previous week's 384.16. With the POG down to 299.10 (10/29), the ratio was 1.22, down from the previous week's 1.28. The ratio one year ago was 1.34.

The ratio continues in the range of values that suggest, based on the data referenced in post 10, a substantially higher GMI within a year. However, it has been in that range for much more than a year.

Cheers,
Larry



To: Larry S. who wrote (415)11/1/1999 8:03:00 AM
From: Richard Mazzarella  Read Replies (2) | Respond to of 972
 
Larry, <<Corner Bay>> I stopped buying non US traded stocks. The liquidity usually stinks, the spreads are awful, and since my US broker must also go through a Canadian broker/market maker each gets their commission. After long experience getting screwed by the overhead of investing in Canadian stocks, I won't buy them, only if they are also listed on a US exchange will I even consider them on that exchange. Sorry, I don't know how the Barron's index is crafted.