Seeking Alpha


Send Message
View as an RSS Feed
View gmiller's Comments BY TICKER:
Latest  |  Highest rated
  • Here's What Jim Cramer Didn't Mention About IRAs [View article]
    IRA's do not compound "tax-free," they do it tax DEFERRED. Huge difference. IRS will get you on the way out, in greatly inflated dollars. Better to put after tax dollars into a Roth IRA, as early as possible. ALL gains are truly tax-free for life and for your heirs. Income caps had kept me from contributing. But, the new conversion feature allows one to move an unlimited amount into a Roth from a tax-deferred retirement plan. I did this when the market was wayyy down in 2009, which minimized the tax bite. Since then, the rebound in the market, outsized precious metals investments gains and dividends have more than doubled what is in my tax free haven.
    Sep 3, 2011. 11:17 AM | 6 Likes Like |Link to Comment
  • Precious Metals Again: ETF Pullback Choices [View article]
    Precious metals prices are not just about emotion. Fiscal mismanagement- by governments, central banks and Wall St, has severely jeopardized fiat currencies- especially the Dollar, Euro and pound. Gold prices were suppressed for years and still are, but are nonetheless breaking out big time, along with silver, platinum and palladium.

    Establishment types have attempted to paint gold as the "barbaric relic," but instead find their own systems to be the barbaric ones.

    Precious metals price growth will contain at least four components:

    - Inflation adjustment
    - Scarcity
    - Disaster hedge
    - Catch-up for 20 years of extreme suppression 1980-2000
    Dec 10, 2010. 12:29 PM | 2 Likes Like |Link to Comment
  • A Silver Bull Recommends Six Silver Stocks [View article]
    SLW has been kindest to me and has a great business model.

    To buffer from stock market volatility, I also have ETF's:
    - CEF (silver and gold)
    - SIL

    .. and good 'ole Peace and Morgan dollars
    Sep 20, 2010. 01:42 AM | 1 Like Like |Link to Comment
  • Gold: The Luster Is Back [View article]
    Gold is only half the price of what it was in 1980, in real money.

    Gold price is more related to the real interest rate being low or negative. Some people think that gold will plunge when interest rates rise, but if inflation also rises, that probablty won't be the case. Remember how gold soared in the 70's, as interest rates soared? Gold only dropped when it became clear that Paul Volcker and Reagan were serious about beating inflation. We have no such giants in control now. Think Bernanke, Geithner, Obama, Pelosi, Reid, Frank, Dodd-- LOL! Of course, things could change in the next few years.

    In the meantime, got gold and silver?
    Sep 19, 2010. 01:02 PM | 6 Likes Like |Link to Comment
  • The High Probability of an Irrational Gold Bubble [View article]
    Gold goes up in Euros, mainly becuse the Euro or other currencies go down in value. So, no, the EU does not become more valuable when that occurs, except in nominal, depreciating Euros. Same wih $.
    Jun 11, 2010. 07:00 PM | 1 Like Like |Link to Comment
  • Apple’s Growing Corporate Market Share [View article]
    I don't knew what you're talking about, I am also a small buisnes owner. I started my company in 1985 and ran it with MAC's. My MAC files weren't really compatible with customers' PC files. I had problems with the MAC's freezing up. I reluctantly switched to PC's. I'm not thrilled with them, but my last batch of HP lapotops only cost $550 each at Best Buy. Most softtare was puchased at COSTCO or other discount sources. Your numbers are badly skewed, dude.
    Jun 7, 2010. 10:38 AM | 1 Like Like |Link to Comment
  • Gold and Stocks Are Riding the Same Bus [View article]
    Spendiing, taxes, money supply-- all soaring. Bonds in jeopardy of default.Where does that put gold in the mid to long term?
    Feb 11, 2010. 04:00 PM | Likes Like |Link to Comment
  • Gold and Silver Plunge: Was That the Final Part of the Downswing? [View article]
    A 1% growth in GDP is not a 1% improvement in standard of living, You are forgetting population growth and immigration. For the U.S., a 1% gain is usually a net loss in standard of living. U.S. wages have been dropping in real terms since 1974. It is even worse, when one realizes that the CPI is artificailly low.

    Your assessment of PM prices looks about right.
    Jan 24, 2010. 11:40 AM | 1 Like Like |Link to Comment
  • Interview with Timothy D. Naegele  [View instapost]
    I could go on for hours, but will make just a few comments here. A good place to start is

    Gold will become increasingly acceptable, as our economy and the dollar weaken. Silver is a lower denomination alternative, with some different price drivers. I agree that it would be unwise to walk into a bar and throw down a 1 oz gold coin-- or a gold bar, if buying drinks for the house. The proper way is to occasionally convert gold into a local currency or barter commodity, at opportune times in market cycles. Silver coins may be negotiablel in day to day transactions in the future, in some venues, although more complex than dealing with dollars. I can just imagine some ditzy clerk in a store computing the silver content and doing the convesrion math :-)

    Reputable dealers, when you are a good customer, will do attractive buybacks, in whatever the local currency might be in the more distant future: new dollars, Ameros, yuan, Gulf State currency, wampum ..... You can sell collector coins, but more negotiation, time and the right buyers are needed. Life may get more complicated. is an excellent vehicle for gold ownership, being easily convertible to multiple currencies with "Goldgrams." Some people store wealth in ETF's. I recommend CEF and GTU, I have heard/read too many disturbing things about the GLD and SLV ETF's.

    Some invest in gold/silver/platinum/p... mining and exploration stocks, which have much greater leveraged upside-- and downside, as I learned in 2008. Some of my exploration stocks are up 6-8X since the 11/08 bottom. A good, more conservative, fund for beginners is GDX.

    There are also futures, options, warrants and private offerings, but these are even more comlex and risky. provides investing newsletters and more, such as precious metal sales and storage (you don't want to keep much gold at home-- spread it around) as do many others.

    You owe it to yourself and family to protect at least some of your wealth from the coming additional financial turmoil and currency devaluation.

    There is much more to it, but that's a start.
    Dec 17, 2009. 12:35 AM | 1 Like Like |Link to Comment
  • Record Volumes in Gold Market Indicate a Gold Top [View article]
    Tmosley apopears more knowledegeable than anyone else here, including the author of the article.

    With Obotomy resolving to "spend our way out of the recession," banks reveling in faux "profits" from fraudulent accounting and the gift of "free" money-- compliments of the sheeple, Congress spending obscenely, job destroying taxes and regulations being imposed, entire industries going offshore or being destroyed, nationalizations being engineered by the Marxists running Washington, $600+ trillion in toxic derivatives waiting to explode, actual U.S. unemployment 18%, GDP growth actually a shrink, credit imploding, real estate on life support, Stimlus packages not stimulating, etc., we are in serious trouble.

    JPM, Federal Reserve Member, is the belly of the beast, the largest precious metal manipulator in the world. GLD and SLV may not be backed by all the real metal. I would instead suggest, CEF, Perth Mint, etc. Some COMEX and London futures recipients due their metal have been offered 125% cash vs. spot instead.

    With all this, gold is a safe haven as well as an inflation hedge. Speaking of inflation, the deflation knuckleheads think we're in deflation because asset prices are way down, part of a necessary correction. Have they been to stores lately and seen prices? Or paid their utility bills or taxes?

    I've been listening to topping predictions since 2000.

    I'll keep my gold and silver, thanks.
    Dec 11, 2009. 02:00 PM | 3 Likes Like |Link to Comment
  • Interview with Timothy D. Naegele  [View instapost]
    Wow, what a tour de force, by a real pro, with a first-class mind and judgment! Except for his preference for cash over gold, he seems to be right on. He pulls no punches about government, politicians, the Pentagon, economy, Bush, Carter, Obama and his nemesis, Greenspan.

    Look forward to reading the book when it comes out.
    Dec 9, 2009. 01:47 AM | 2 Likes Like |Link to Comment
  • Is a Gold Correction Imminent? [View article]
    If one looks at how it's dropping today, a correction doesn't seem out of the question at all.
    Dec 4, 2009. 10:52 AM | 6 Likes Like |Link to Comment
  • 3 Reasons Not to Believe In Gold's Recent Rally [View article]
    Hmmm. you may be working to old paradigms. Back when the dollar had some value, the U.S. actually had a lot of gold, the financial sysyem hadn't yet crashed, we didn't have millions of properties headed into foreclosure, with more being held back, mark-to-market and other accounting rules hadn't been trashed, banks reliant on free money for survival, U.S. Treasury requirements didn't exceed available worldcapital and foreign entities hadn't lost patience, your article might have made some sense.

    Gold is a very volatile item these days, so I accept that there will be some corrections and pullbacks, especially with agents of the U.S. madly manipulating and traders maneuvering for profits. But mid and long term, it's going up, up, up, up and up. Not just because of inflation, but utter dollar and other fiat currency destruction and as a disaster hedge. Gold's not even close to its all-time inflation-adjusted high yet and that occured in much calmer days.

    U.S. Emperor Hussein will step on the gas before the 2010 elections even worse than before, to create the appearance of "prosperity," in a frantic attempt to keep his party in power, but it might already be too late.

    I'll hold on to my gold and silver, thanks.
    Nov 12, 2009. 12:22 PM | Likes Like |Link to Comment
  • Celente Flashback: Great Recession Will Maintain Grip for a Generation [View article]
    Part of the problem-- find out why why it won't be getting better any time soon.... read "The Obama Timeline" (see )
    Oct 14, 2009. 11:41 AM | 1 Like Like |Link to Comment
  • Four Major Developments Gold Investors Should Watch [View article]
    That's an excellent case for gold buying, but somewhat understates the downside of the U.S. govt. and bullion banks' power to take down gold when it suits them. Long term, I believe they'll lose, but they can create real danger for leveraged long players in the meantime.
    Sep 15, 2009. 10:13 AM | 3 Likes Like |Link to Comment