Wednesday, January 2, 2008

Cramer's finally accepting we may be recessionary

Jim Cramer, who in my eyes has always been irrationally bullish, is finally quiet and admitting we're going to see 70s stagflation this year (recession plus inflation). He's investing in gold stocks now, and suggests everyone have gold this year.

http://www.thestreet.com/_dm/video/index.html?clipId=10396686&channel=Cramer+On+Demand&cm_ven=&cm_cat=&cm_ite=#10396686

No comments: