Thursday, January 20, 2011

Jim Cramer : Gold Is Not Down Enough

NEW YORK (TheStreet) -- Jim Cramer reveals how he owns gold and why he believes it is not a bubble. Follow Jim on Twitter @JimCramer.



Jim Cramer :"....Gold is part of diversification. Strategy. I like farms like gold -- resources. And wing it did have -- people who think that -- gold bloggers think nickel goes right 2000 are not listening to me. This is a hedge against that we the Fiat currencies in the world government's printing money. It's a hedge against the notion that paper is going to keep its value world where people are printing money. But it was up huge last year. And it was up -- for the list ten -- so Alex the idea. Dated subject to a bout of profit taking which is what -....."

GLD ETF in Focus

NEW YORK (TheStreet) -- GLD (SPDR Gold ETF) is under heavy pressure once again occasioned by bearish news from China that inflation is a concern, which in turn...

UK house prices ruining UK economy (20Jan11)

Stop using house prices to bring down the UK economy, a house is for living in, not pretending you are rich. At last the DP team decide to look at the ridiculous situation of house prices in the UK.

Recorded from BBC Daily Politics, 20 January 2011.
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