Economist Tim Iacono admits he does not base his investment strategy on the comments of Jim Cramer, the host of CNBC’s “Mad Money.” Even so, Iacono feels Cramer made some good points in a recent segment on gold investments, particularly that investing in physical gold is better than investing in gold stocks, and that having 25% of a portfolio tied up in gold bullion is not a bad thing. For more on this continue reading the following article from Tim Iacono.
I don’t normally take investment advice from CNBC Mad Money host Jim Cramer (and neither should you), but he makes some remarkably good points about gold in this short video, views that are very similar to my own.This blog post was republished with permission from Tim Iacono.
1 comment:
As I think of it gold will always be in demand, and demand is increasing, in fact the unique and useful properties of gold as well as its rarity and increasing demand, make it an attractive point of investment, no other investment has the wealth preserving power of gold!
Post a Comment