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

To: Dan P who wrote (187)5/24/1998 3:24:00 PM
From: Larry S.  Read Replies (1) | Respond to of 972
 
Dan and Richard,

Barron's GMI was 432.14 on 5/21, down slightly from 434.86 last
week. With the POG at 299.80, the ratio is 1.44, almost
unchanged. The indicator remains bullish. It seems to me that its action over the past three of months is projecting a much higher XAU within about 9 months and is projecting a further increase in the price during the three months thereafter. Do you have a similar views?

Cheers,
Larry


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