Cramer & Kudlow short gold

Cutten · Nov 22, 2003

http://www.thestreet.com/p/rmoney/jamesjcramer/10128172.html

For some background - Cramer has been bearish on gold all the way up, and fired one of his contributors for being bullish on the metal in the low $300s and buying NEM in the 20s.

Lobster · Nov 22, 2003

Quote from Cutten:

http://www.thestreet.com/p/rmoney/jamesjcramer/10128172.html

For some background - Cramer has been bearish on gold all the way up, and fired one of his contributors for being bullish on the metal in the low $300s and buying NEM in the 20s.

He also said this week after the earnings that HPQ will be up 3 points in the next few weeks. Let's see how many weeks it will take.

bullmarket79 · Nov 22, 2003

Gee sounds like cramer has been on the money lol

hollywood · Nov 22, 2003

Before April, Kudlow and Cramer had called the bottom eight and five times respectively,being incorrect for three plus years.I still have a vivid memory of Cramer on CNBC ,saying we own it at$160,at$140, and buying more today at $130.He was referring to AOL.Quite frankly, I dont find them very credible,especially when only one side of the story is represented.Besides they've been talking down metals as an asset ever since it reappeared on the radar screen.Such a call is counter trend,and I'm certain they are'nt practicing what they preach.

LouieR · Nov 23, 2003

The dollar is in the tank, gold is knocking at 400's door, the Fed is pumping dollars into the system like there is no tomorrow and these 2 pinheads are short gold. Sounds like a great contrarian indicator to me. They are entertaining to watch on CNBC but for entertainment purposes only.

rodden · Nov 23, 2003

Quote from LouieR:

The dollar is in the tank, gold is knocking at 400's door, the Fed is pumping dollars into the system like there is no tomorrow and these 2 pinheads are short gold. Sounds like a great contrarian indicator to me. They are entertaining to watch on CNBC but for entertainment purposes only.

Greenspan's policies should result in Stagflation, Hyperinflation, or Deflation. If it's Deflation, how do you think gold will fare?

Anybody know a free website that tracks M3 ?

weld1 · Nov 23, 2003

these guys are IDIOTS, kudlow has been a bull since the market topped,and that stuff cramer says is terrible because he knows better. long on KLAC when it trades at 1 zillion times 2005 earnings or something. get outta here.:eek:

bullmarket79 · Nov 23, 2003

Hello rodden check out www.marketvector.com and then select economic indicators, they have m1-m3 and this area is free. Best regards, bill

rodden · Nov 24, 2003

Quote from bullmarket79:

Hello rodden check out www.marketvector.com and then select economic indicators, they have m1-m3 and this area is free. Best regards, bill

Thanx.

TD80 · Nov 24, 2003

They are keeping the public out of the move, whether they know it or not that are the pawns of large interests in gold. If there is a trend and media is talking it down, that should give even more confidence in the trends staying power. Always keep in mind the financial media is the powerful tool used to control the sentiment of losers.

Goodluck,