300's or lower for the HUI is still likely. I still believe the DOW:GOLD ratio is going to 1:1 and that is the only for money to start chasing these gold stocks. Need the DOW to tank bigtime. Nobody is going to buy a gold stock over a tech stock, nobody. Unless the tech stocks start getting smashed, which I believe they will.
DOW:4000-5000, GOLD:4000-5000 is my longterm target. We shall see. If gold goes that high, the HUI will be over 1000.