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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 (721)4/22/2003 10:29:25 PM
From: Larry S.  Respond to of 972
 
Dan, et al,

I didn't see anything relative to PMs in Barron's this past week and Kitco's infrequent update of lease rates leaves me unsure of the correlation with moves in the POG.

The GMI/POG ratio:

On 04/17, the Barron's GMI was at 449.11, up from the previous week's 441.92. With the POG up at 327.00 (04/17), the ratio was up at 1.37.

The ratio a year previously was 1.37, the same level as today.

Cheers,
Larry