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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 (630)3/6/2002 11:28:31 PM
From: Larry S.  Read Replies (1) | Respond to of 972
 
Dan, et al,

I'm a little late in posting this week but I didn't find any significant mentions of PMs in this weeks Barron's. However, the Commodities Corner was devoted primarily to a discussion of the future price of oil and base base metals. The conclusion seemed to be that, while prices were presently being held back by inventories, they were likely to rise significantly longer term -in a year or two. W

The GMI/POG ratio:

On 02/28, the Barron's GMI was 379.06 up slightly from the previous week's value of 378.64. With the POG up significantly to 298.40 (03/01), the ratio was down slightly at 1.28

The ratio a year previously was 1.15, up substantially from it low..

Cheers,
Larry