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RedneckInvestor

09/22/08 5:55 PM

#23808 RE: DeepBlue1 #23807

No need to be so cheery about it.

lmao

starboy

09/22/08 6:11 PM

#23809 RE: DeepBlue1 #23807

Cramer touting moving 15% into a gold stock for a hedge against a market drop; i.e. no deal with Fed and Congress on the 'bailout' soon enough to hold off more fear and drops in the Dow, etc.

Says no surprise if gold hits a thousand bucks by next week if no deal is done or if the details are negative. Also mentioning inflation to come.

Central banks buying, not selling gold at this point.