what a freaking joke.. Talk about a perfect top! Any thoughts on Gold right now.. Gold volatility is at a relative high.
during this decline, you could have made money buying GLD at the open and selling at the close. how often does that happen? usually the dip buyers get crushed during a decline
at the time? he was trying to load the public into as much gold as he could at 1600-1800 dollar levels.. this was not the time to buy long term.. if anything now would be the time to start allocating an amount to it..
Well, people love to throw rocks at Cramer, but just like all traders/investors, he gets some right and some wrong. I mean, none of you ever make bad calls? It's bullshit if you say otherwise. Want to talk laugh at someone, try Peter Schiff, that guy got it all wrong, gold, stocks, dollar, you name it, the perfect fade.
Very true.... Just a cheerleader for althe home gamer... I was just looking at gvz and gold and realized his call was right near the top .. And lately I've been reading so much on monetary policy and the history of monetary controls.
Cramer is the biggest toolbag in the industry. He should be in jail. The book Trading with the Enemy to me is probably a real good assessment of how Cramer got to where he is. He could only make money when he could bully his brokers and plant false rumors.
"Cramer is the biggest toolbag in the industry. He should be in jail. The book Trading with the Enemy to me is probably a real good assessment of how Cramer got to where he is. He could only make money when he could bully his brokers and plant false rumors." I haven't watched his show in years... Watching anything on CNBC is sort of like so anti quantitative.