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Why You Should Buy Gold Right Now (JIM CRAMER SELL SIGNAL!)
CNBC "Mad Money" ^
| Wednesday August 11, 2010
| Tom Brennan / Jim Cramer
Posted on 08/11/2010 8:56:16 PM PDT by jiggyboy
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To: Sarajevo
Personally, I've been doing fine with the buy-and-hold technique with high dividend stocks. Absolutely.....now you go to the head of the class....
You and I apparently think somewhat alike regarding investment income....
I offer just one more item....what if there is a real economic calamity? ....if it happens, it will happen overnight, so quickly that most will be caught without even a loaf of bread and 6-pack in the fridge.
Should this occur, at first gold and silver will likely be the basis of barter...after that....chaos, theft, violence, etc.... Self protection would be the primary responsibility of each day. Only the prepared will have a chance. Dividends will no longer arrive....
Never lose sight of Maslow's Hierarchy of Needs......
41
posted on
08/13/2010 5:58:47 AM PDT
by
cbkaty
(Never yield to force. Never yield to the apparently overwhelming might of the enemy---W Churchill)
To: cbkaty
Should this occur, at first gold and silver will likely be the basis of barter...after that....chaos, theft, violence, etc.... Self protection would be the primary responsibility of each day. Only the prepared will have a chance. Dividends will no longer arrive....My view is that dividends are good as long as they last, but nothing lasts forever. If we were to be hit with an economic apocolypse, I think guns and ammo would be just as valuable as gold and silver.
42
posted on
08/13/2010 8:32:07 AM PDT
by
Sarajevo
(You're jealous because the voices only talk to me.)
To: Sarajevo
My view is that dividends are good as long as they last, but nothing lasts forever. If we were to be hit with an economic apocolypse, I think guns and ammo would be just as valuable as gold and silver. Absolutely....go to the head of the class....
43
posted on
08/14/2010 3:21:28 PM PDT
by
cbkaty
(Never yield to force. Never yield to the apparently overwhelming might of the enemy---W Churchill)
To: jiggyboy
Here's my little May 17 graphic -- the "moved or deleted" one in the original post was just the picture
44
posted on
08/17/2010 12:04:10 PM PDT
by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
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