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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 (702)	12/16/2002 8:20:04 AM
From: Larry S.	Read Replies (1) \| Respond to of 972

Dan, et al, I didn't find anything of interest concerning PMs in Barron's this past week. Kitco hasn't updated lease rates since the 12th and their daily charts seem to be messed up but the last update suggests that CBs are doing their best to make gold available to lease. But, the POG seems to be holding above the 330 level suggesting their aren't many takers. However, the dollar is also holding above the 104+ low. Today should be very interesting. The GMI/POG ratio: On 12/12, the Barron's GMI was at 454.48, up significantly from the previous week's 416.11. With the POG also up significantly at 332.20 (12/13), the ratio was up at 1.37. The ratio a year previously was 1.13. Cheers, Larry