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


To: Dan P who wrote (433)12/19/1999 12:04:00 PM
From: Larry S.  Read Replies (1) | Respond to of 972
 
Dan,

Thank you for calling my attention the gold fund chart. I agree that the future for PMs and PM stocks looks brighter today than it has for a long time.

On 12/16, the Barron's GMI was 348.04, up from the previous week's 335.67. With the POG down to 284.15 (12/17), the ratio was 1.22, up slightly from the previous week's 1.20. The ratio one year ago was 1.13, one of the lowest readings recorded.

Cheers,
Larry