Australia  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Ask Cramer: What are Your Current Thoughts on Buying Gold?

Video Credit: The Street - Duration: 00:20s - Published < > Embed
Ask Cramer: What are Your Current Thoughts on Buying Gold?

Ask Cramer: What are Your Current Thoughts on Buying Gold?

Curious about whether or not now is the right time to buy gold?

During Jim Cramer's April Action Alerts Plus members only conference call, Cramer was asked about his thoughts on buying gold.

"I always think that it's pretty simple for me.

Nothing bad ever happens from gold.

I have gold, you know, and I only can own mutual funds but I have a gold mutual fund." said Cramer.

Curious about what you should watch when you're buying gold?

Here are four things to keep an eye on: Currency Markets Interest Rates Economic Strength Inflation Wondering why these are the indicators to watch?

TheStreet's Erika Santoro wrote that "gold prices tend to reflect changes U.S. dollar value compared to foreign currencies.

When the dollar is strong, gold will be more expensive in foreign countries whose currencies have declined in value." Meaning that investors interested in gold should keep a close eye on the currency markets." And why interest rates?

"Low interest rates make it easy to choose gold as an alternative to bonds.

Whereas, many investors believe that higher interest rates will pressure gold prices downward," wrote Santoro.

Related.

4 Things to Watch When Buying Gold

0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

Jim Cramer: People Don't Invest in Fossil Fuels [Video]Jim Cramer: People Don't Invest in Fossil Fuels

Early Thursday, two shipping tankers in the Gulf of Oman were damaged in a suspected attack. While neither of the tankers were reported to be carrying oil at the time of the attacks, which were serious..

Credit: The Street     Duration: 01:40Published

Ask Cramer: Does Short Interest Affect Your Decisions in Holding a Stock? [Video]Ask Cramer: Does Short Interest Affect Your Decisions in Holding a Stock?

Does Short Interest Affect Your Decisions in Holding a Stock? During Jim Cramer's members-only Action Alerts Plus monthly call, he was asked "does short interest ever affect your decision holding a..

Credit: The Street     Duration: 01:11Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.