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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 (360)	4/25/1999 7:22:00 PM
From: Dan P	Respond to of 972

Larry: Thanks for the note. One other tidbit, an observation by a resident of Vancouver, that the Asians, in particular the Chinese, who had bought homes there as a hedge against being driven from Hong Kong by the Mainland Chinese, have recently started selling them, and are essentially moving back to China. Suggests that maybe that the Chinese economy is coming back. It certainly is a murky picture in that you can find about as many who believe that the deflationary cycle in Asia is not complete, and that it is coming over here, as those who believe that Asia is coming back. Marantette is still on a buy for the gold stock portfolio at this time. Incidentally, the gold fund average (gold-eagle) looks pretty good also, with the index now clearly above the 200 day m.a., for the first time since late 1996. Let's see what next week brings. gold-eagle.com Regards Dan