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Vijay77 Junior Artist Username: Vijay77 Post Number: 445 Registered: 06-2010 Posted From: 199.41.197.24 Rating: N/A |
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Onlooker Comedian Username: Onlooker Post Number: 1880 Registered: 07-2010 Posted From: 12.184.71.130 Rating: N/A |
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Ashton Side Hero Username: Ashton Post Number: 6312 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
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Onlooker Comedian Username: Onlooker Post Number: 1878 Registered: 07-2010 Posted From: 12.184.71.130 Rating: N/A |
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Ashton Side Hero Username: Ashton Post Number: 6310 Registered: 05-2008 Posted From: 66.90.104.94 Rating: N/A |
http://www.youtube.com/watch?v=xCrAq7coQYg A Precious Metal Poised to do Better than Gold? cnbc.com | September 07, 2010 | 06:57 PM EDT As Cramericans know, every investor should own some gold. But Cramer on Tuesday said it may be time to look at another precious metal, too. Having some of the precious metal in your portfolio is diversification insurance against a reversal in the market, such as Tuesday's. Gold tends to go up in response to economic chaos, Cramer said. The "Mad Money" host favors SPDR Gold Shares [ GLD 122.70 +0.84 (+0.69%) ], an exchange-traded fund that owns gold so you don't have to. He also likes gold bullion, which is the physical bricks of gold. As far as gold miners go, he prefers Agnico-Eagle [ AEM 65.82 +0.51 (+0.78%) ] and Eldorado Gold [ EGO 19.29 +0.19 (+0.99%) ]. Looking at the charts, as interpreted by technician Dan Fitzpatrick, Cramer thinks another precious metal is poised to do even better. Silver, he said, has outperformed and is up by 17.4 percent this year versus a 13.5 percent gain for gold. Watch the video to see why Fitzpatrick's reading of the charts shows silver could continue to deliver larger profits. My new blog |