Cramer's 6 Reasons to Buy Gold Now

Better late than never I guess.A friend called me last night and said, "turn on Cramer - he's on a gold rant."Normally, I cannot listen to Cramer.He is tiring.And with respect to gold, he always seems to put on his gold cheerleader uniform when gold is making positive headlines to give the illusion that he is actually a gold advocate.

I can tell you with authority that when gold was $400 an ounce he was actually recommending against it.In fact I heard him say once, when asked what he thought about gold, "stay away from it, it's only $250 an ounce."What happened to "buy low?"So, in my opinion, Cramer is now playing catch up.Maybe he is vying for some gold advertising on his show.

Nonetheless, I think he mostly nailed it when, last night, he gave his six reasons to own gold now.I say "mostly", because his reason number one was, "Dependability."He says he believes we will see $2000 gold.He also spoke of rarity saying we just can't find as much of it anymore, but then contradicted himself by recommending some gold mining stocks.

The way I see it, the harder a mine works the sooner they will be out of business.If we were running out of forests, would you rather stock up on lumber now, or buy stock in a logging company?

All in all, though, I think Cramer may have finally come around to a reasonable perspective on gold.With gold demand rising along with uncertainty surrounding sovereign debt of the world, it's very hard to imagine gold doing anything but continuing its gold bull market trend higher.Sure, we will still see some dips in the gold charts, but nothing ever goes straight up.Don't take my word for it though, take Cramer's!Buy Gold Now!