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Jim Cramer says his retirement fund is in gold.

PostPosted: Thu Nov 04, 2010 1:39 pm
by Ardent Listener
CNBC's Jim Cramer just said that his entire retirement fund is in gold (physical and now buying gold mining stocks).

Re: Jim Cramer says his retirement fund is in gold.

PostPosted: Thu Nov 04, 2010 1:44 pm
by blackrabbit
That means I should sell everything! :lol: Well right after the sheeple double the price! :P

Re: Jim Cramer says his retirement fund is in gold.

PostPosted: Thu Nov 04, 2010 3:07 pm
by beauanderos
Hey! I guess I'm more prudent than Cramer! Only twenty percent of my retirement fund is in gold bullion and gold mining stocks (the remainder is in silver, hehehe) Image

Re: Jim Cramer says his retirement fund is in gold.

PostPosted: Thu Nov 04, 2010 3:14 pm
by AGgressive Metal
Nooooo! I am not ready for the sheeple to pile in yet! I need MOAR SILVER!!!

Re: Jim Cramer says his retirement fund is in gold.

PostPosted: Thu Nov 04, 2010 4:24 pm
by Thogey
Image

Now...What the hell is this^ supposed to be.

Re: Jim Cramer says his retirement fund is in gold.

PostPosted: Thu Nov 04, 2010 9:26 pm
by Devil Soundwave
AGgressive Metal wrote:Nooooo! I am not ready for the sheeple to pile in yet! I need MOAR SILVER!!!


I hear ya man. I'm desperately trying to come up with a way to fund more before it gets even higher. Just got this months worth of silver and spent my other spare cash on tinned food, mason jars and stuff for my preps closet. Kinda wish I'd just spent it all on silver now. :?

Re: Jim Cramer says his retirement fund is in gold.

PostPosted: Sat Nov 06, 2010 2:26 am
by stateofmind
Time to sell.

Re: Jim Cramer says his retirement fund is in gold.

PostPosted: Sat Nov 06, 2010 7:18 am
by Sheikh_yer_Bu'Tay
stateofmind wrote:Time to sell.


Okay, time to sell. Maybe it is time to be a contrarian's contrarian. But, then what? What do you have your money invested in? :?:

Re: Jim Cramer says his retirement fund is in gold.

PostPosted: Sat Nov 06, 2010 9:38 am
by JJM
Ardent Listener wrote:CNBC's Jim Cramer just said that his entire retirement fund is in gold (physical and now buying gold mining stocks).


I saw that too. I'm reminding myself that even a broken clock is right twice a day...

Sheikh_yer_Bu'Tay wrote:
stateofmind wrote:Time to sell.


Okay, time to sell. Maybe it is time to be a contrarian's contrarian. But, then what? What do you have your money invested in? :?:


I think a better "SELL SELL SELL" indicator will be when Robert Prechter gets on board.

Silver remains a better buy. I feel better about Cramer getting on board the PM train knowing that he thinks Gold is where its at.