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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 (303)	3/6/1999 11:09:00 PM
From: Larry S.	Read Replies (3) \| Respond to of 972

Richard, et al, Barron's GMI was 310.66 on 3/4, up from 302.73 the previous week. With the POG up to 287.90 (3/5), the ratio is 1.079, up slightly from last week's 1.055. It continues at a level that is nearly off the chart and 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. This past week has seen more posts on this thread that during any month that I can recall. However, I was very disappointed that not one of them mentioned the story of the "budget surplus that isn't" that I mentioned last week. I understand that it was also a front page story in the NY Times. Yet, representatives from both sides of the isle in Congress continue to act/speak as though it were real and our national debt continue to rise. Cheers, Larry