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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (118)	4/11/1998 9:19:00 PM
From: Larry S.	Read Replies (1) \| Respond to of 972

Richard, Barron's GMI was 444.04 on 4/9, up substantially, from 424.32 last week. With the POG at 307.65, the ratio is 1.44, up significantly because the POG moved up a smaller percentage than the GMI. The ratio is still indicating that we should see much high prices a year from now. I will be watching the Forecaster (and your reading of it) along with Bobby beara's projections on the PGM thread this week very closely for indications of where this hopefully-short-term-only correction is taking us. If the GMI/POG ratio indicator is right, we should see better buying opportunity when your shorter term indicators turn bullish again. Thank you for your helpful comments. I hope you and others on this thread have a very enjoyable Holiday. Cheers, Larry