IMO... Before QE2 occurs (and it will, probably later this year or first half next year) we will have some event that bring the stock market etc.. down that will force the QE2. No surprise there. What will be different is that like in 2008 banks won't have or want to lend money but will for mining projects. Why? All the talk today from the feds/goverment about the economy getting better and exit points etc.. will be obviously wrong. And finally mainstream will get it. All will see that the emperor has no clothes. QE1 and QE2 and more will never be paid and fake money will be rushing to real money..... This should also be the phase of mining consolidation and mergers.