by Henry Oliner | May 31, 2011 | Investing, Politics
I hear a lot of ads advising investors to put gold in their IRAs or 401ks. Seems like a terrible idea. The big benefit if retirement accounts is to defer income. Gold generates no income, and actually incurs storage and transaction fees. Gold can also be very...
by Henry Oliner | Dec 12, 2010 | Investing
With the dollar weakening, debt growing, and the global and domestic economy still sluggish there is pressure driving up the price of gold, silver and industrial commodities. Forgive me if it just seems too obvious. Endless ads selling gold, and gold buyers showing...
by Henry Oliner | Mar 1, 2010 | Economics, Investing
While I share the great concern about her destructive economic policies of this administration, I am getting a contrarian tick about the dollar and gold. Every right wing talk show and business TV show is flooded with adds selling gold to consumers. “The dollar...
by Henry Oliner | Mar 15, 2009 | Investing
Is this a good time to buy?Yes and no. The contrarians are salivating but one can not discount the real risk in this market. Obama’s policies are so radically different on so many different levels that there is a chance that the game may be changed for a decade. It...
by Henry Oliner | Mar 10, 2009 | Investing
Conversation is fluid between those who believe this is the best time to buy stocks and those who believe that it is the worst time.Pure contrarian thinking gets more excited about the possibilities the more negative the news gets. They pray for blood in the streets....
by Henry Oliner | Feb 8, 2009 | Economics, Investing, Politics
It is amazing what intelligent people are willing to believe when paid enough money.So many of the rich and the elite willingly invested with Madoff in spite of suspiciously good returns. “I don’t know how he does it, he just does,” was a common response to those who...
