Loading ...I think it would have to double from here at least right?
The 2011 Hi was @ 0.42 which is a near triple current 0.16…so if Gold stays here yr looking at Hui 608 *2.625 = 1596
The Hi on the Chart was 0.64 back in Dec 2003 and the last value is 0.16……which means if Gold goes nowhere and the ratio gets back to that Hi, the Hui has to quadruple from here !!!!!
Of course Gold could collapse and the Hui rally a tad…..But lets say Gold goes to that 10 % level of debt @ 15,000, then at 0.64 we get a Hui value of hold onto yr hat……..9600 !!!!!