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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 05/18/2010 : 13:38:27
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CNBC's Cramer just announced he is bullish on Gold because "Things are not working like they are suppose to." "Be a little protective, be a little cautions."
Sell!
Sell!
Sell!
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All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 05/18/2010 : 13:39:23
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| lol, He certainly has screwed a lot of people out of their money. |
Trolling is an art. |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 05/18/2010 : 14:52:04
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So do we do the opposite of what Cramer says? :-)
To be honest the only person I really listen to on CNBC is Larry Kudlow.
I watch CNBC in the AM to watch the markets but always take their reporting with a grain of salt. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 05/18/2010 : 15:00:16
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| The one and only time Cramer has ever made a lick of sense. |
www.WinnipegGoldBuyer.com
Standing offer for sale of quality, second-hand solid gold jewellery:
<$100 USD worth - spot +25%, plus actual shipping
$101-500 worth - spot +20%, plus actual shipping
$501-1,000 worth - spot +15%, plus actual shipping
$1,001+ worth - spot +10%, plus actual shipping |
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Kurr
1000+ Penny Miser Member
2906 Posts |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 05/18/2010 : 15:36:49
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quote:
Originally posted by PennySaved
So do we do the opposite of what Cramer says? :-)
To be honest the only person I really listen to on CNBC is Larry Kudlow.
I watch CNBC in the AM to watch the markets but always take their reporting with a grain of salt.
Cramer is speaking to the investment audience that HAS NO GOLD. He is telling them to GET SOME GOLD NOW!! From what I heard, he wasn't talking about just paper GOLD either. If anyone here on RealCent has NO GOLD, perhaps you should follow Cramer's advice and get some today.
Larry Kudlow is bullish on GOLD because of the fiat being created worldwide.
I'm not about to sell my GOLD (or SILVER) now. GOLD is the ultimate hedge against worldwide turmoil. If you're speculating, use paper GOLD. I may not be buying, but I'M NOT SELLING ANY GOLD I OWN THAT I CAN TOUCH AND FEEL!! |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Edited by - Country on 05/18/2010 16:16:11 |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 05/18/2010 : 15:54:27
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| Would you focus more on silver if you were lucky enough to have bought gold when it was in the $700 to $800 range? I definitely think everyone should have some gold on hand but feel silver has more room to move up. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 05/18/2010 : 16:19:27
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quote:
Originally posted by PennySaved
Would you focus more on silver if you were lucky enough to have bought gold when it was in the $700 to $800 range? I definitely think everyone should have some gold on hand but feel silver has more room to move up.
That's the point that Cramer was making - the world is too dangerous and everyone should have some GOLD. This is not one of his idle BULLISH stock recomendations. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Nickelless
Administrator
USA
5580 Posts |
Posted - 05/18/2010 : 16:21:56
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quote:
Originally posted by PennySaved
Would you focus more on silver if you were lucky enough to have bought gold when it was in the $700 to $800 range? I definitely think everyone should have some gold on hand but feel silver has more room to move up.
Silver can easily go up 500 percent given the current lack of supply and when the apparent cooking of the books at COMEX unravels. I can't see gold doing the same thing. What little gold I had I traded for silver. |
Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively
---------------
Be prepared...and prepared to help: http://www.survivalblog.com/charity.html
Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 05/18/2010 : 16:28:53
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quote:
Originally posted by Country
quote:
Originally posted by PennySaved
So do we do the opposite of what Cramer says? :-)
To be honest the only person I really listen to on CNBC is Larry Kudlow.
I watch CNBC in the AM to watch the markets but always take their reporting with a grain of salt.
Cramer is speaking to the investment audience that HAS NO GOLD. He is telling them to GET SOME GOLD NOW!! From what I heard, he wasn't talking about just paper GOLD either. If anyone here on RealCent has NO GOLD, perhaps you should follow Cramer's advice and get some today.
Larry Kudlow is bullish on GOLD because of the fiat being created worldwide.
I'm not about to sell my GOLD (or SILVER) now. GOLD is the ultimate hedge against worldwide turmoil. If you're speculating, use paper GOLD. I may not be buying, but I'M NOT SELLING ANY GOLD I OWN THAT I CAN TOUCH AND FEEL!!
Gee Bill... I didn't know you were such a touchy feely kind a guy  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 05/18/2010 : 16:35:30
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I love my PMs and coppers!!!  |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/18/2010 : 16:53:06
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I hope no one really took this thread's title as a sell sign. But I have often heard gold bugs say that when Cramer says to buy gold it will then be the time to sell.  That sneaky guy! |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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chris6084
Penny Collector Member
303 Posts |
Posted - 05/18/2010 : 18:14:13
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| I traded my gold for platinum when they were nearly equal. No regrets. |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 05/18/2010 : 18:33:43
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quote:
Originally posted by PennySaved
Would you focus more on silver if you were lucky enough to have bought gold when it was in the $700 to $800 range? I definitely think everyone should have some gold on hand but feel silver has more room to move up.
I think if you were just starting out, silver would be the route to go. If you have ALOT to invest, though, it's hard to find large amounts of silver, so that would be a good reason to own some gold. Silver is totally off the radar of even guys like Cramer; he and other analysts fail to mention it either because it has a connotation of "the poor man's silver," it is dissed as an industrial metal and not real money, or they might think that to have high amounts of money invested in silver would be too much of a storage or transportation problem. I am 80% silver, 20% gold. I agree silver has MUCH better prospects going forth, but it is more volatile as well. As someone once said "hoard now and hold on." |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 05/19/2010 : 13:44:29
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quote:
Originally posted by Ardent Listener
CNBC's Cramer just announced he is bullish on Gold because "Things are not working like they are suppose to." "Be a little protective, be a little cautions."
Sell!
Sell!
Sell!
I didn't realize our members held so much gold, and listened to your advice, Jamie. Gold is down $30 today  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/19/2010 : 14:24:32
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quote:
Originally posted by beauanderos
quote:
Originally posted by Ardent Listener
CNBC's Cramer just announced he is bullish on Gold because "Things are not working like they are suppose to." "Be a little protective, be a little cautions."
Sell!
Sell!
Sell!
I didn't realize our members held so much gold, and listened to your advice, Jamie. Gold is down $30 today
Sometimes I think Cramer is just a snake oil salesman/song and dance man who gets the heard in while his owners are making their exit out. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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twentybux
Penny Pincher Member
174 Posts |
Posted - 05/22/2010 : 23:40:59
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| I completely agree! Snake oil or some other substances I can thing of. |
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Sell Gold! Cramer is Bullihsh on Gold!
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