goodluck all, page-43

I have no idea what the HUI is worth but if asking that question, why not ask if the POG is going back to $256, or for that matter $35 as in 1970?

No chance of gold going that low ever again simply because of long term monetary inflation. Same should apply to the HUI.

The point of my post was not to try and pick a level for the HUI to turn from but rather to show that gold stocks have shown that they can move much higher months before the POG has put in its final low. Whether or not that happens again we will only know after the fact.