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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by Saturn4on Oct 22, 2008 1:43pm
208 Views
Post# 15540640

RE: RE: Nobody cares????

RE: RE: Nobody cares????HT, you may be right.  I'm assuming you are basing your forecast on tight credit and the drop in commodities.  BUT, what happens if commodities rally within the next ten months and credit is unfrozen and liquidity returns?    World governments are making significant changes to effect the world economy positively.  IMO we are in a time of uncertainty.  You may be right HT, but I think its too early to say one way or the other.    In a month or two, IMO, we will know whether changes that are made have been effective. 

P.S. - We are already seeing changes of measures taken by the U.S.  Reports suggest that the credit freeze is thawing.   I still say that a  true rally in commodities will be only seen  if we see a rise in oil concurrently with the Canadian dollar.  Monday's rally was fake since the Canadian dollar did not rise.

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