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CNBC's Cramer is wildly bullish on gold
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Friday, August 20, 2010
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From Forbes:

"... I am an unabashed believer in gold,” he says. “Gold can go to $2,000 in the next few years, and I’m not talking about 2020.” The “most bullish factor” for gold is that “we’re running out,” says Cramer. “There are no more big discoveries in the world,” adding that the next two months are traditionally bullish for gold because of jewelry demand in India and China.

Buying the SPDR Gold Trust (GLD) is Cramer’s preferred way to play the metal’s strength and he recommends...

Read full article...

More on Cramer:

CNBC's Cramer: Get out of stocks now

Top money manager rips CNBC and Jim Cramer

Jim Cramer: SEC will win suit against Goldman Sachs

Topics: Gold | Media | Commodities
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