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Uh oh Jim Cramer came on tonite and pounded the table on gold.....

bidaskbidask Posts: 14,017 ✭✭✭✭✭
in Precious Metals
said were in a 1932 scenario, too.

Or we near the top after his followers buy gold tommorow?

I think we might be after one more spike.
I manage money. I earn money. I save money .
I give away money. I collect money.
I don’t love money . I do love the Lord God.




Comments

  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Wow, this is bad news.

    The only thing worse would be to have Larry Krudlowe to chime in on gold as well, and bail on King dollar.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • jmski52jmski52 Posts: 22,897 ✭✭✭✭✭
    His comment about 1932 was intended to scare the public into believing that the government should continue to pump money into the banking industry, his buddies in particular.

    I used to like Cramer. His recommendation to put 5% into gold at this time seems to be faint praise, mainly directed at shearing some sheep when the volatility knocks them right back out. At 5% of their total portfolios, they won't stay too mad at Cramer.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • DeadhorseDeadhorse Posts: 3,720 ✭
    Why does anyone watch or listen to that man?

    I swear, it's beyond me.

    I can't be the only one who sees the puppet strings?
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • BearBear Posts: 18,953 ✭✭✭
    I would rather get my stock advice

    from a fortune teller.
    There once was a place called
    Camelotimage
  • 57loaded57loaded Posts: 4,967 ✭✭✭
    Cramer talked about buying gold a few months ago too :-( right b4 the big takedown

    now LISTEN (read) up, I don't follow this cook, but sometimes you're stuck and can't change channels to Bloomberg fast enough, okay?

    image
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>Wow, this is bad news.

    The only thing worse would be to have Larry Krudlowe to chime in on gold as well, and bail on King dollar.

    roadrunner >>



    It's funny and sad...I have not seen his cartoonish Goldilocks prancing along the bottom the TV screen.

    And, I haven't heard his rant "greatest story never told" referring to the resilient American economy.

    I like his show because of some of his guests like Joe B and a few others.

    Ren
  • chabot510chabot510 Posts: 1,291 ✭


    << <i>Why does anyone watch or listen to that man?

    I swear, it's beyond me.

    I can't be the only one who sees the puppet strings? >>



    I think he said it best one day. He said roughly, "For those of you tuning in just to see me have a heart attack or an anuerism tonight, I hate to disappoint you, this show is on a delay."
    Nick
  • fishcookerfishcooker Posts: 3,446 ✭✭

    Dammit! If Cramer did that gold is gonna get torpedo'd.

    There are good reasons he's Entertaining, rather than managing money.
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    I only believe Poppy Harlow and she's much better looking and much smarter than that old fat bald guy.
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>I only believe Poppy Harlow and she's much better looking and much smarter than that old fat bald guy. >>



    agree but i found Erinimage with Cramer, so it was the only way i could stand giving this puppet any pixel time on my post!
  • JoesMaNameJoesMaName Posts: 1,064 ✭✭✭


    << <i>Cramer talked about buying gold a few months ago too :-( right b4 the big takedown

    now LISTEN (read) up, I don't follow this cook, but sometimes you're stuck and can't change channels to Bloomberg fast enough, okay?

    image >>



    Thanks for posting the pic - I think I see the attraction image

    ...
  • dac076dac076 Posts: 817 ✭


    << <i>

    << <i>Wow, this is bad news.

    The only thing worse would be to have Larry Krudlowe to chime in on gold as well, and bail on King dollar.

    roadrunner >>



    It's funny and sad...I have not seen his cartoonish Goldilocks prancing along the bottom the TV screen.

    And, I haven't heard his rant "greatest story never told" referring to the resilient American economy.

    I like his show because of some of his guests like Joe B and a few others.

    Ren >>



    Speaking of Joe B., if I'm not mistaken he's been a permabull for many years, and he's sounding decidedly bearish now.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,363 ✭✭✭✭✭
    Being the "coinsumate" smart Aimage$$, I just couldn't resist.



    image
    Buy Buy Buy !
  • BBNBBN Posts: 3,761 ✭✭✭
    Cramer looks like Leninimage

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

    #1 1951 Bowman Los Angeles Rams Team Set
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  • ambro51ambro51 Posts: 13,794 ✭✭✭✭✭
    I would rather get my stock advice

    from a fortune teller.



    **I DID take stock advice from a fortune teller (actually a palm reader)

    He told me to !!GET OUT OF THE MARKET!! That was last october

    I sold apple at $202. 2526 shares, to be exact.
    I could kiss that guys bald head right now image
  • percybpercyb Posts: 3,328 ✭✭✭✭


    << <i>said were in a 1932 scenario, too.

    Or we near the top after his followers buy gold tommorow?

    I think we might be after one more spike. >>



    Cramer's always a good fade!!
    "Poets are the unacknowledged legislators of the world." PBShelley
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