Kramer loves gold

RedTiger

No, not the famous Jim Cramer, it is Hilary Kramer with an article in the NY Post
http://www.nypost.com/p/news/business/getting_in_on_the_rush_x2plYCvAwPQixVpPANSYBI
link

Let me say that Hilary Kramer is a regular on the PBS Nightly Business Report. Anecdotally I find her picks to be not so good. An article like this in that noted financial journal The New York Post, isn't such good news for gold bulls either.

Norseman88

Well if Jim Cramer said to pile into Gold I would dump every last oz. I had!!!

roadrunner

That would also mean that the shifts this year from Paul Tudor Jones, John Paulson, Greenlight capital and other hedge funds have negative implications as well. We can toss in the same pile the CB buying from China, Russia, Brazil, India, Mauritius, and Sri Lanka as well. Not to mention the repatriation attempts of gold by Germany, Dubai, China and others. But maybe it's one big scheme to sucker the last gold bear into a bull and then pull out the rug from under them all.

Not to worry, Dennis Gartman and John "noodler" Nadler are carrying the bear torch rather well (Gartman since $930 and Nads since $650). I think at this point people are getting sold on the idea on what real unencumbered wealth is regardless of what the Noods and Gartmans are saying.

roadrunner

renman95

As Jimmy would say...sell, sell, sell!

jmski52

I thought you were talking about Seinfeld's Kramer.

mhammerman

"I thought you were talking about Seinfeld's Kramer."

Easy mistake to make with Festivus just around the corner and all. 1148.60

renman95

<< <i>I thought you were talking about Seinfeld's Kramer. >>



...well then, Krammer would say "I'm stressed, Jerry!"