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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 (466)	3/11/2000 9:07:00 PM
From: Larry S.	Read Replies (1) \| Respond to of 972

Dan, et al, There was essentially nothing said about PMs in Barron's this week. In a contrary way, this may be a bullish indication. On 3/09, the Barron's GMI was 312.68, up from the previous week's 304.02. With the POG up to 290.25(3/10), the ratio was 1.08, up from the previous week's 1.05. A year ago the ratio was 1.13. While history suggests that this low ratio is a strongly bullish indication for the next year, as you can see the indicator has not had a very good record during the past year or so. Cheers, Larry