Stocks Analyst Jim Cramer: "Now, in the next six years, nothing is going to top gold."
A week ago I was watching the Stop Trading segment on CNBC. Host Erin Burnett was interviewing stocks analyst Jim Cramer. She was discussing (from a macro perspective) the religion of physical gold versus the religion of Apple stock. “Which trade over the long term is right?” she asked Jim Cramer. Cramer answered:”I think Apple goes much higher within the next six months. Now, in the next six years, nothing is going to top gold.” Nothing?” asks Erin Burnett. “Nothing, nothing. Because central banks around the world are printing money” said Jim Cramer. Erin Burnett said: “So what you are telling me is that you are a religion switcher? You are at the church of what’s working now!” Cramer agreed. You can fast forward to the 4 minute, 30 second point and see him give the accolades of the gold bull market here.
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