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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 (861)	5/26/2004 2:44:02 PM
From: Larry S.	Read Replies (2) \| Respond to of 972

Dan, et al, I didn't find anything of interest in last weekend's Barron's and lease rates aren't telling me anything. The GMI/POG ratio: On 05/20, the Barron's GMI was 542.57, up from the previous week's 518.90. With the POG also up at 385.30(05/21), the ratio was at 1.41. The ratio continues in the middle range where it doesn't suggest a rise or drop in the POG. The ratio a year ago was 1.32. The GMI a year ago was nearly 500, only a little below today's level. Let's hope that the past year has been the pause the refreshes and that the market regains its upward momentum. Larry