Riddle me this… Are there questions about finance, economics, or the markets that you are just dying to ask? This is the forum for you. Each week I will take those questions that I believe will have the most interest to our readers and expound upon them. Everything you write will be completely confidential. I never use last names nor will your information be used in any other way. Some readers may ask for specific recommendations or portfolio allocations. Since I am a money manager, by securities law I am prevented from making specific recommendations in a public forum but I can make…
Now that we have safely tucked away the year 2010 with the S&P 500 Index up 12.9 %, will we enjoy a similar or better return in 2011? Clearly, the majority of investors are looking for another up year. I believe that’s a safe bet, at least for the first half of the year.
“I don’t get it,” gripes an investor who called from Chicopee, “Congress goes and passes the tax cut extensions, which is good news, right, and still the market does nothing. What gives?”
Gold is at record highs this year but silver is barely back to where it was 30 years ago. As the spin doctors out do each other in bumping up their price targets for the “other” metal, I am going to stick to my guns. Silver is just $6 an ounce short of my price target.