Pokermoe - Where did I say they had no "correlation"?
I said "we are years away from producing using todays Gold price to calculate value is useless." so unless you think todays POG makes up 100% of the valuation (and given you have stated "what else is there" you probably do) that statement is still correct.
And what you assign or what I assign is irrelevant - it is what the people who do this for a living, those who use "best practice" assign that is important and todays POG is such a very small part of their calculations it borders on being completely irrelevant.
ERM Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
