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View Full Version : Cramer has most of his holdings in GOLD??



osoab
4th November 2010, 06:13 PM
From today.

http://classic.cnbc.com/id/15840232?video=1633536749&play=1


Says @ 2:30 that almost his entire retirement is gold related.

Time to dump??


FFFFFFFFFuckkkkk!

1970 silver art
4th November 2010, 06:23 PM
Hmmmmm.............Cramer Gold sell signal?

:dunno

Yeah Cramer's retirement is in gold.........Paper gold (a.k.a. gold mutual funds).

Libertarian_Guard
4th November 2010, 06:32 PM
Oh sure, I remember three or four years ago when he had a segment of his show called "Am I diversified" a caller rattled of the names of five or six of the biggest gold miners, and flim flam Jim chimed in, fe fi foe fum, I smell the blood of a gold bug, and proceeded to mock the guy.

Who's laughing now?

osoab
4th November 2010, 06:37 PM
Oh sure, I remember three or four years ago when he had a segment of his show called "Am I diversified" a caller rattled of the names of five or six of the biggest gold miners, and flim flam Jim chimed in, fe fi foe fum, I smell the blood of a gold bug, and proceeded to mock the guy.

Who's laughing now?


This goes well with this.
http://gold-silver.us/forum/gold-silver-precious-metals/king-world-news-goldman-sachs-has-been-long-gold-for-years-states-$25/msg135295/#msg135295

He is a former Goldman minion. Oops. Once a minion. Always a minion.

Libertarian_Guard
4th November 2010, 08:07 PM
Oh sure, I remember three or four years ago when he had a segment of his show called "Am I diversified" a caller rattled of the names of five or six of the biggest gold miners, and flim flam Jim chimed in, fe fi foe fum, I smell the blood of a gold bug, and proceeded to mock the guy.

Who's laughing now?


This goes well with this.
http://gold-silver.us/forum/gold-silver-precious-metals/king-world-news-goldman-sachs-has-been-long-gold-for-years-states-$25/msg135295/#msg135295

He is a former Goldman minion. Oops. Once a minion. Always a minion.


Anyone that has been aware of the paper fiat game knows full well that film flam Jim is a BIG part of the paper fiat show.

chad
5th November 2010, 12:09 PM
he's just like all the others. remember when suze orman was pimping everyone to buy stocks, and then it came out that 100% of her money was in municipal bonds? they lie.

Shami-Amourae
12th November 2010, 11:41 PM
http://www.youtube.com/watch?v=KO_2Fc7Gq4I

OH SHI--

Time to get out of gold? ;D



Nov. 11: Cramer pushes gold
Nov. 12: Gold sells off by over 3%

StackerKen
13th November 2010, 07:34 AM
Quick! Trade your gold for silver!

Destroy JP Morgan :)

gunDriller
13th November 2010, 07:43 AM
now that the US government is taking the #1 spot in terms of holding US government debt, purchased using printed money, i would imagine that countries that worked for their US gov. bonds are not too happy.

e.g. China.

those Chinese $ holdings are chasing hard assets around the world (farmland, commodities, oil-fields, etc.).

i guess it matters what Cramer thinks because some investors listen to him.

Book
13th November 2010, 07:53 AM
http://cdn.uproxx.com/media/images/365/365_4fab2f0846961fe54023e615e6e9a8e9.jpg
Buy Israeli Bonds!

Sparky
13th November 2010, 09:48 AM
Here's my biggest takeaway from this clip.

Gold is 0.6% of the average portfolio. Take it off the table when it is 5% of the average portfolio.

That's actually a very good metric to be used for the "speculative" portion of your PM, and not the survival portion. I wish that statistic was readily available to the rest of us.

Quixote2
13th November 2010, 10:43 AM
From a positive viewpoint. Cramer recommended gold after or about when the market closed at near the high. The viewer got home and watched. The viewer bought the next day when gold and silver was put on sale 2-6% off. Cramer's buy point allowed the new buyer to get a bargain.

Cramer is finally getting more knowledgeable, 5 years late. He still has not got the point about GLD, but he is learning. I would agree with his current recommendation that the individual should be 20% in PMs (just avoid GLD and SLV).

My portfolio is currently 48% in PMs.

Libertarian_Guard
13th November 2010, 10:00 PM
Cramer is finally getting more knowledgeable, 5 years late. He still has not got the point about GLD, but he is learning.


Flim flam jim is not undergoing a learning process, he is manipulating his flock. I relate his comments about gold to that of a snake oil salesman of the 19 th century, still pedaling his products but saying it would be ok to take an aspirin once in a while.

When the tide has turned, and it’s becoming clear for all to see, it is awfully tough not to acknowledge it, at least in some small way. That’s all the flim flam man is doing here.