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

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