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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 (823)	12/15/2003 10:05:02 PM
From: Larry S.	Read Replies (1) \| Respond to of 972

Dan, et al, I didn't notice anything in Barron's this past week concerning PMs. The lease rate action for gold seems to be paying less and less, at least, to me. It is clear because the rate is so low that CBs continue to assure an adequate supply and that demand is limited. The GMI/POG ratio: On 12/11, the Barron's GMI was 699.50 down from the previous week's 716.04. With the POG up at 407.10(12/12) the ratio was down at 1.72. The ratio a years ago was 1.37. Larry