Cramer is worse than a weatherman.
Another classic (it collapsed a week later)
Jim Cramer: “Bear Stearns is Fine!” Tues, 3/11/08
https://rumble.com/v5e1rej-jim-cramer-bear-stearns-is-fine-tues-31108.html
is there a contrarian Cramer fund ?
Witnessing the 70/80’s and 2008 parabolic rise, we haven’t seen anything yet. $5K Gold a given, after that much higher, ALL the world’s currencies are rapidly declining, inflation and debt exploding worldwide. So, so easy to see Gold in another generational bull.
Paper pushers will be paper pushers, they aren’t old enough to remember, study history or care to…..many will take a huge haircut, few will prosper.
SELL SELL SELL!
Several thousand tons are predicted to be mined.
Does supply and demand still apply?
If the supply of gold goes up, does the value of gold go down?
BRICS Rio Reset - July 5-6, 2025
https://www.breitbart.com/politics/2025/04/29/the-rio-reset-the-global-financial-shift-that-may-trigger-the-next-dollar-crisis/
The BRICS nations have been constructing this alternative financial system for two primary reasons: (1) the continued devaluation of the U.S. dollar and (2) its weaponization through sanctions. Their bloc’s work has accelerated in recent years, leading to the development of an array of institutions, clearing and settlement systems, compliance and regulatory agencies, and more:
BRICS Pay: An alternative to SWIFT for international payments.
Cross-Border Interbank Payment System (CIPS): Enabling direct transactions without using dollars.
mBridge: A gold-based digital exchange for settling international trade.
New Development Bank: Their alternative to the World Bank and IMF.
Central bank gold reserves: BRICS nations have dramatically increased their gold holdings.