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

To: banco$ who wrote (284)2/15/1999 10:51:00 AM
From: Larry S.  Read Replies (1) | Respond to of 972
 
banco$, et al,

Barron's GMI was 317.89 on 1/11/99, down from 332.45 the previous
week. With the POG up to 289.15 (2/12), the ratio is 1.099, down
from last week's 1.149. It has again fallen nearly off the chart and continues in the range of values that strongly suggest the XAU will be substantially higher within a year. See post 9 on this thread for a reference to data on which this is based.

Cheers,
Larry


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