News from a Westpac news feed...(I have reposted this from an...

News from a Westpac news feed...(I have reposted this from an NMG poster) We can hope this happens

"The European Central Bank (ECB) will most likely have to embark on a bond buying spree shortly. By printing new cash and buying government bonds, the ECB will help ease the pressure on embattled member nation economies. The purchasing of bonds is not an easy option, and the ECB has rightly been reluctant to do it. If bond buying becomes policy, the price of gold is likely to rise beyond $US2,000 per ounce. There seems little evidence to suggest that the European economy is improving"

That would put a much needed rocket up NMG's share price!!!

that would be approx $1,400/oz profit across 150,000 oz/a = $210m per annum!!