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- mohit - Mar 04 2008 | investing, gold, investment club, commodities
Cramer likes wheat and gold. Cramer thinks gold will go to $1600. He recommends buying AEM (a gold mine company).
This link, however, is an ETF for gold.
Quoted: Get detailed information on STREETTRACKS GOLD TR (GLD) including quote performance, Real-Time ECN, technical chart analysis, key stats, insider transactions, and the latest company headlines.
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1 FaverViewed: 4 TimesQuoted: There are two forms of exotic beta. 1) Apply "normal" strategies to "exotic" assets like investing in Namibian and Mongolian equities, timber, shipping freight, wine, uranium, art, movies, violins or footballers. Or 2) apply "exotic" strategies to "normal" securities with new trading styles and finding arbitrages in traditional markets. Personally I prefer alternative strategies for any security ("normal" or "exotic") but then as a risk averse, conservative investor I am not prepared to speculate on traditional OR exotic beta. They are too hazardous for my risk tolerance. Alpha is safer.
- mohit - Oct 29 20081 FaverViewed: 4 Times
- mohit - Sep 09 20081 FaverViewed: 5 Times
I think somebody did a study on Cramer and found that the guy's batting average is about 50%.
I hope to pick the successful 50% :)
Good luck!