Jim Cramer turns bullish on gold

CNBC/Tyler Clifford

cartoon of lemming going over a cliff, one has a gold parachute“’When rates go this low, you reignite … [the] rally in gold, which soared today,’ Cramer said. ‘I would buy gold aggressively on this rate cut — aggressively — especially as protection against whatever horrific predictions made the Fed want to take such a drastic move today.'”

USAGOLD note:  Cramer has always had a positive view of gold.  Now though his advice to own it takes on a sense of urgency he has not indicated previously.

Repost from 3-5-2020

This entry was posted in Gold and Silver Price Predictions from Prominent Players, Today's top gold news and opinion. Bookmark the permalink.