May be time to start shorting gold...

Quote from cszulc:

A la the Jim Cramer contrarian play. He just recommended buying gold stocks OR the gold ETF (GLD) when gold futures had a recent $120~ ride up the past 1-2 weeks. WHAT AN IDIOT!!!


Saw that today and laughed, he has no clue, I would wait for the next $50-$100 pullback to buy GOLD, He is a tad late in his call, I called the bottom in gold and oil about a week and half ago when I told the board to get in on DGP and DXO. Dont listen to cramer, he was hyping oil and NG months ago when they were at there top, he said on his show today for people to sell and go into 20% cash and to buy gold, I think we could see the DOW back at 11350-11500 by the end of the week just because of that cramer call.
 
LET'S KEEP A RUNNING TOTAL:

GLD (Gold ETF) down 0.86 to 88.32
ABX (Barrick Gold) down 0.89 to 37.25
AEM (Agnico-Eagle Mines) down 1.90 to 64.03

Again, like I said in the opening, WHAT AN IDIOT!!!
 
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