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Cramer: "Gold Should Be in Every Portfolio"

Posted: Wed Jan 09, 2013 11:57 am
by ozzy

Re: Cramer: "Gold Should Be in Every Portfolio"

Posted: Wed Jan 09, 2013 12:08 pm
by Pointedstick
Is that a sell signal?

Re: Cramer: "Gold Should Be in Every Portfolio"

Posted: Wed Jan 09, 2013 12:44 pm
by melveyr
Pointedstick wrote: Is that a sell signal?
AFAIK Cramer has been largely bullish on gold since 2007 and perhaps earlier.

Re: Cramer: "Gold Should Be in Every Portfolio"

Posted: Wed Jan 09, 2013 12:49 pm
by Kshartle
He's not recomending it as a trade but a long-term hold as insurance. I've seen him many times advocate 20% in Gold which is 20% more than most people have. Makes him sound like a super Gold bug but I think it's just common sense, as pretty much all of us do here!

If Kramer came out and said buy Gold right now I'm sure it's going up in the next few months that would be a huge sell signal to me. :)