Wednesday, February 23, 2011

Precious Metals Comments

To review...
After large January 2011 redemptions in this PM mutual fund..the fund dropped to about $125mil from about $250mil...the price of GLD bottomed a couple of days later at 127.80 and today it closed at 137.51...
So the fund was sold at the wrong time...

Past performance is not indicative of future results.

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