before I feel satisfied that the US has reached

that "weaker dollar policy" we're looking for.

And if that's the case,

you're looking them at 130, 125, 135

sort of over the next 6 month to a year.

At least on the dollar index,

we're now lower than we were right before the 2016 election.

Right, but it's still now low enough.

The weaker dollar policy that the Trump administration is pursuing

is based on making the US competitive.

And it has to be competitive not just for a couple of month where the dollar is weak,

but, you know, for the next four to eight years.

And to do that, you need to have a significant correction in the dollar.

And so far, you've seen a little bit of a move,

this 10%, but that's nothing.

What is significant?

Well, I think you need a 30% of the high.

So that's what we're looking at, that 135 type area for the Euro.

Which isn't silly, it was at 150, back in what, 2007, 2008.

So do we get the 30% correction this year?

Yeah, I don't see why we shouldn't.

But I think it's not going be happening overnight,

it's a very gradual thing.