We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Larry S. who wrote (943)9/25/2005 10:42:18 PM
From: Larry S.  Read Replies (1) of 972
Dan Wade et al,

I didn't find anything in Barron's this week concerning PMs and lease rates don't seem to be doing anything special; so I will get the GMI bit directly.

The GMI/POG ratio:

On 9/22, the Barron's GMI was 747.47 up significantly from the previous week's 719.55. With the POG also up at 462.65 (9/23), the ratio was up at 1.62.

The ratio has reached the high side of the middle range but it doesn't yet suggest strongly a rise or drop in the POG or stocks. It may be indicating that interest in mining stocks is beginning to increase significantly.

The ratio a year ago was 1.56, almost as high as today.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext