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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nem ceo predicts gold $450, page-2
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