re: nem ceo predicts gold $450 *nem up 2.5%
NEM closed up 0.18c or over 3% and looking to test it's high on the ASX at $5.70. This will be a big price for NEM to break but if the US price of NEM is an indicator then I can see it easily breaking this price and then there is no stopping NEM. Two report writers highly recommend this stock - Sinclair and Russell and I admire both guys for their calls. Gold doesn't have much downside at the moment ($340-$343 I'd say) and it's in a secular up trend as shown by gold stock accumulation, when the POG drops shares aren't following so people are starting to believe in this move in Gold.
