I am not a follower of Prector, so I have no idea how good or bad his prognostications are. I think he pretty much belongs in the perma bear category so when the markets go up he tends to be wrong and when they go down he is right, but perhaps someone who follows him would know better. I am pretty sure he has been in the camp that thinks gold is still in a bear market and has been calling for $200 gold for a long time - obviously he has been dead wrong about gold for a long time.
The $363.80 close was for the August futures contract yesterday.