nem ceo predicts gold $450, page-2

  1. 783 Posts.
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    I think $420 minimum based on the table below which is a rough comparison of US trade weighted dollar index and USD POG based on historical correlations. USD TWI was at 80 before start of Clinton strong dollar policy. (It is around 96 now)

    USD TWI USD POG
    120 250
    115 267
    110 285
    105 305
    100 325
    95 347
    90 371
    85 396
    80 423
    75 452
    70 483
    65 515
    60 551
    55 588
    50 628

    Its good to see a gold miner boss backing his product for a change!!
 
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