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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 (62)3/28/1998 11:25:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 972
 
Larry, thanks for posting the index ratio. From the description in essextrading.com 1.38 is still far away from the first suggestion of a possible correction in 12 months at 1.91. 1.38 is still in the bullish camp (gold mining shares are slightly undervalued and are likely to rise in the following 12 months) being smaller than 1.45. I look forward to Tuesday's forecaster update.



To: Larry S. who wrote (62)3/29/1998 3:53:00 AM
From: Terry Swift  Read Replies (2) | Respond to of 972
 
Richard:

As someone who knows nothing of TA, I find this thread very interesting with much useful information by all contributors. The links that various posters have offered to other sites are also very useful. One question though regarding the POG in your post. You show $310.95. Where is that from? Neither spot gold nor May futures got that high. Is that a futures price from a month further out? Thanks.

Terry


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