Jim Cramer turns bullish on gold
“’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