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Gold's a Terrific Place to Be: Jim CramerYouTubeNov. 08, 2010 |
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 "If Cramer is saying Gold is a good place to be... it will probably correct soon." - Youtuber I had the same thoughts, Jim Cramer is consistently wrong, he's not a stock trader but a propagandist, I believe doing the opposite of whatever he recommends would be consistently profitable, I remember there was a report a little while ago that his picks did worse than just buying the DOW. That said, I don't think gold is going down (a correction perhaps, but probably not more than 10% or so). Basically everything he says in this clip is just repeating what real investors like Eric Sprott have to say, IE, gold and gold stocks account for less than 1% of global assets (I posted a picture with it a little while back). Is he just jumping on the bandwagon? Did he demonize gold in the next sketch? He sure as hell wasn't giddy about it. ...This is very hard to judge. - Chris 
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