I went to a Harry Dent seminar last night... for those who dont know, Harry Dent is the most accurate forecaster in North America. He produced the "Dent' Method. An economic forecasting approach based on changes in demographic trends.
Given his track record, it would be very wise to listent to what he says.
Unfortunately, his prophesey on commodities is not very good. He bets his life that the American dollar will rise again and for all the people that are invested in gold, silver, precious metals etc are going to have to wait a long, long time. Retiredrookie was right in that the only people that are guranteed to make money on this stock (and GNH) are young baby Babjacks.
I spent my entire savings on the NOT and GNH stock back when it was $3.00(NOT) and 60. (GNH) and it looks very dismal at this point.
We've been given too many bloody promises from the start and its pissed off a lot of intelligent people on this board. Im tired of waiting for this stock.
I think demographics makes sense and its going to take a long time for the economy to get started again. Harry predicts a worse recession scenario is just around the corner.
...just my thoughts
Q*bert