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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 (867)	8/3/2004 7:32:58 PM
From: Wade	Respond to of 972

I like PMPIX when the golds are moving upward. It is the best of gold funds, but it is a dog at down trend. <G>

To: Larry S. who wrote (867)	8/5/2004 7:06:16 PM
From: Larry S.	Respond to of 972

Dan, et al, There weren't any articles in Barron's directed at PMs this past week but the Commodities Corner was entitled "Uranium's New Glow". It was a very bullish story. Lease rates are at their all-time lows but I haven't observed a correlation (inverse) of the daily movements with changes in the POG as they had a year ago. But the very low rates make it clear the CBs are willing to essentially give it away and this can only be to keep the price down. The one-year rate was 0.17 percent yesterday but it moved up to 0.178 percent today. The GMI/POG ratio: On 07/29, the Barron's GMI was 559.05, down from the previous week's 563.59. With the POG down slightly at 391.40(07/30), the ratio was essentially unchanged at 1.43. 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 1.51. Larry