Charts suggest now is the perfect time to buy gold, Jim Cramer says

CNBC/Krystal Hur/8-3-2022

Mad Money (5102430409)

“CNBC’s Jim Cramer on Wednesday told investors that gold is poised to rally, making now an optimal time for investors to pounce. ‘The charts, as interpreted by the legendary Larry Williams, suggest that the general public’s giving up on gold en masse and he thinks that that makes it the perfect entry time to do some buying,’ the ‘Mad Money’ host said.”

USAGOLD note: Cramer sees largely unrecognized speculative potential in the yellow metal based on futures market data and technical triggers on the charts.
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Photo attribution: Tulane Public Relations, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons

 

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