The physical buyers pick up what the paper sellers sell!
And last weeks silver snuffer, Jim Cramer, is now saying he always has, and always will be an advocate of gold!
“I’ve been recommending gold since I started Mad Money,” Mr. Cramer declared. “ . . . There will be moments of fluff but I'm not really trading it . . . I regard it as the currency of your portfolio . . . I feel very strongly we are not in a topping phase.”
“I’d rather have the insurance policy of gold rather than the insurance policy of GEICO,” Mr. Cramer later said.
4 comments:
lol...good call...do you see a bounce to 40 and maybe a retest?
what are your thoughts on X?
I think X bounces here--i bought calls on X today
and silver a bounce to 41
Where do you see slv getting to?
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