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So ...... Jim Cramer says gold and silver is going higher

Dave99BDave99B Posts: 8,554 ✭✭✭✭✭
in U.S. Coin Forum

Might be time to sell :p

Dave

Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
«1

Comments

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    When it hits the fan, stocks will drop and metals will go higher.

  • GoldminersGoldminers Posts: 4,134 ✭✭✭✭✭

    Or buy.

    My US Mint Commemorative Medal Set

  • CameonutCameonut Posts: 7,301 ✭✭✭✭✭

    Who's Jim Cramer?

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Yay, I hope he's right !!! :)

    Timbuk3
  • JeffnluJeffnlu Posts: 284 ✭✭✭✭

    Cramer must have bought some gold and silver stocks so now he is pumping them to get all of his lemmings to buy.

  • ranshdowranshdow Posts: 1,442 ✭✭✭✭
    edited July 31, 2018 6:09PM

    Bloomberg says the opposite (edit: let me qualify that- the article's author suggested a contrarian take on the large net short position shown below, so Cramer may be agreeing with this)

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    edited July 31, 2018 6:34PM

    Jim Cramer often sounds convincing, and is usually wrong.

    Unlike most of us, he makes money at it.


    Here's a warning parable for coin collectors...



  • GoldminersGoldminers Posts: 4,134 ✭✭✭✭✭

    At the risk of being repetitive, I say, I will buy again. Look at the V shaped up line on the graph kindly provided by ranshdow after the start of 2016. Seems very possible to me going forward. Shorts make money until basically everyone is short then the cycle starts over. The number of shorts is at record highs!!! Time for a change in sentiment.

    My US Mint Commemorative Medal Set

  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

    in 2020, there is going to be a big time oil crises, ships have to convert to diesel fuel to cut pollution by over 90 percent. The global shipping industry is a major source of pollution, they are talking 10 gallon gas prices in 17 months. this will make gold and silver skyrocket in my view. glad I got a electric car
    https://www.usnews.com/news/national-news/articles/2018-07-31/10-gas-the-obscure-maritime-rule-that-could-make-it-a-reality

  • BochimanBochiman Posts: 25,417 ✭✭✭✭✭

    I wish he was made to put his money where his BIG mouth is.....
    I used to listen to him on TV....watched for awhile to see how he was and, luckily, saw enough NOT to trust him. Also, his voice is IRR.I.TAT.ING!!!!

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • ConnecticoinConnecticoin Posts: 12,911 ✭✭✭✭✭

    Boo-Yahhh!!

    *For Sale on BST* *For Sale on Ebay*
  • davewesendavewesen Posts: 6,245 ✭✭✭✭✭

    @dpoole said:
    Jim Cramer often sounds convincing, and is usually wrong.

    Unlike most of us, he makes money at it.

    makes money at giving his opinion?

  • ilikemonstersilikemonsters Posts: 767 ✭✭✭✭

    Haven't forecasters been saying that silver and gold will go up for the last decade?

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    Cramer? A prediction? I was going to say "ain't that the kiss of death!".

    Cramer is supposedly very wealthy, but at one time he owned a substantial part of some early internet content thingie that was worth a kabillion dollars or more. The insiders' stock was tied up somehow, and before the insiders got out of the tie-up period, the stock went back to zero. Cramer knows about 'easy come, and easy go'.

  • jmlanzafjmlanzaf Posts: 34,714 ✭✭✭✭✭

    @ilikemonsters said:
    Haven't forecasters been saying that silver and gold will go up for the last decade?

    No

  • Namvet69Namvet69 Posts: 9,026 ✭✭✭✭✭

    I can't believe that he is still on tv. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • ColonialcoinColonialcoin Posts: 664 ✭✭✭✭

    Even a broken clock is right twice a day! ;)

  • DoubleEagle59DoubleEagle59 Posts: 8,331 ✭✭✭✭✭

    oh great......

    if Cramer says they'll go higher, things are sure to drop further.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • AlongAlong Posts: 466 ✭✭✭✭

    I was on Cramer’s show about 10 years ago and had lunch with him before the show. He is actually a really nice guy and much of what he does on TV is just for TV and ratings.

  • chumleychumley Posts: 2,305 ✭✭✭✭

    I remember Jon Stewert gave him a dressing down on his show ,regarding how Cramers advice was hurting average investers who listened to him.....Stewert had Cramer almost crying

  • 2dueces2dueces Posts: 6,499 ✭✭✭✭✭

    People making money on investments do not advertise. People make money on telling people what to invest in make money from sponsors or writing books about it.

    W.C.Fields
    "I spent 50% of my money on alcohol, women, and gambling. The other half I wasted.
  • giorgio11giorgio11 Posts: 3,917 ✭✭✭✭✭

    @Justacommeman said:
    He sucks. That is all

    m

    His diction is so poor I only understand about half of what he says. That's the half I ignore. The other half is the half I make money on.

    He really needs to stay away from the caffeine.

    Kind regards,

    George

    VDBCoins.com Our Registry Sets Many successful BSTs; pls ask.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Buy low, sell high.... That is all you need to know...... :D Cheers, RickO

  • giorgio11giorgio11 Posts: 3,917 ✭✭✭✭✭

    Warren Buffett: "There's nothing wrong with taking a profit." We could do with a lot more Buffett and a lot less Cramer.

    Kind regards,

    George

    VDBCoins.com Our Registry Sets Many successful BSTs; pls ask.
  • Coin FinderCoin Finder Posts: 7,205 ✭✭✭✭✭

    Oh yes gold and silver are going higher for sure, then going lower for sure, then going higher for sure!! I just don know when..

  • TurboSnailTurboSnail Posts: 1,668 ✭✭✭✭✭

    Every time when jimmy makes an announcement, price goes up couple % thanks to his tv viewers. However, the price will always drop and sometime even lower than original once his fans sucker in with his other newest hype.

    Thanks Jimmy~ Lot of stackers are waiting for silver to drop under $14.

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    topstuf Cramer sez that silver specs should seriously consider whether they think the world is heading for blistering industrial demand for all sorts of good things ..
    or..
    debt driven catastrophe.

    Disclaimer:
    topstuf Cramer likes .... gold :D

  • johnny9434johnny9434 Posts: 28,470 ✭✭✭✭✭

    jim cramer, weather people, politicians. enough said, jmo

  • gripgrip Posts: 9,962 ✭✭✭✭✭

    I would rather listen to Jim Lowell.

  • MsMorrisineMsMorrisine Posts: 33,310 ✭✭✭✭✭

    it was a chartist that he was using.

    but they forgot about headline risk.

    down another $10 in 2 days. rate rise and tariff war.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • ExbritExbrit Posts: 1,309 ✭✭✭✭

    @ErrorsOnCoins said:
    When it hits the fan, stocks will drop and metals will go higher.

    Until all of the market calls hit and everyone then sells their gold and silver to cover sending the commodities lower as well.

  • MsMorrisineMsMorrisine Posts: 33,310 ✭✭✭✭✭

    thanks cramer!

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    What's a "Jim Cramer?" Is that like a "Jim Crow" of gold and silver.....or?

  • SmudgeSmudge Posts: 9,549 ✭✭✭✭✭

    Jim Jones said drink up. Look what happened to his followers.

  • FredWeinbergFredWeinberg Posts: 5,846 ✭✭✭✭✭

    A bunch of you certainly don't appear to like Cosmo !

    (yea, it's a joke to those who know)

    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
  • Dave99BDave99B Posts: 8,554 ✭✭✭✭✭

    Picked up 3 rolls of Walkers at 12x face today, most going VG-F. I have to believe we're getting near the bottom. Maybe.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • dcarrdcarr Posts: 8,537 ✭✭✭✭✭

    @2dueces said:
    People making money on investments do not advertise. People make money on telling people what to invest in make money from sponsors or writing books about it.

    Or they make money by "putting lipstick on the pig" (advertising) the thing they want to sell.

    Moonlight Mint
  • KollectorKingKollectorKing Posts: 4,820 ✭✭✭✭✭

    @au58 said:
    Jim Cramer says a lot of things.

    FAANG rules.

  • thefinnthefinn Posts: 2,656 ✭✭✭✭✭

    @ilikemonsters said:
    Haven't forecasters been saying that silver and gold will go up for the last decade?

    It has in every other currency in the world.

    thefinn
  • MsMorrisineMsMorrisine Posts: 33,310 ✭✭✭✭✭

    dollar getting stronger, gold weaker

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • ColonialcoinColonialcoin Posts: 664 ✭✭✭✭

    I just hope that Mr. Kramer keeps his thoughts to himself when it comes to the valuation of classic collector coins! ;)

  • cwtcwt Posts: 292 ✭✭✭

    @topstuf said:
    The Jerry Springer of finance.

    In which case, perhaps we should be listening to Cosmo Kramer.

  • WinLoseWinWinLoseWin Posts: 1,580 ✭✭✭✭✭

    @au58 said:
    Jim Cramer says a lot of things.

    Jim Cramer YELLS a lot of things.

    .
    .
    Everyone can be their own Cramer with access to the official CNBC Cramer Soundboard:

    https://cnbc.com/mad-money-soundboard/

    Buy! Buy! Buy!

    Sell! Sell! Sell!

    Get those wrong too often and end up in "The House Of Pain".

    "To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,384 ✭✭✭✭✭

    His lips go up and down a lot more than gold and silver. Faster, too.

  • davidkdavidk Posts: 275 ✭✭✭

    @MsMorrisine said:
    dollar getting stronger, gold weaker

    http://usdebtclock.org

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