Cramer's Lightning Round - Johnson & Johnson 'Is' America [View article]
Why does Cramer even have a job? Are we so shallow as a nation that investing requires an entertainment channel? Wait, never mind, I know the answer to that one.
Bearish on SLW--because gold is the metal of choice? This isnt logical--gold and silver are highly correlated (although silver is clearly more of an industrial metal) . Both benefit from investment demand.
The total gold market is around 3 trillion, and the total silver market is around 14 billion. Guess which one moves the farthest to incremental investment demand?
SLW is also very undervalued, with little debt, and low operational risk. Long: SLW
If This Comes True, You'll Be Glad You Own Gold & Silver [View article]
The British were the greatest Empire the world had ever seen up to that point, with unassailable naval power, and the greatest economic power to boot.
Hence the saying, "the Sun never sets on the British Empire".
It was common knowledge of all, and nearly universally believed that the British Pound Sterling would reign supreme over the new millennium of the 20th Century, as it had in the 19th Century.
It was simply inconceivable to the Brits and their trading partners that the Sterling wouldn't be the reserve currency of the world for at least another 1000 years.
Until, the dollar came along and replaced it.
Oops, never mind.
Those who hold their wealth in dollars are at risk of repeating this awful history.
Cramer's Lightning Round - Johnson & Johnson 'Is' America [View article]
Bearish on SLW--because gold is the metal of choice? This isnt logical--gold and silver are highly correlated (although silver is clearly more of an industrial metal) . Both benefit from investment demand.
The total gold market is around 3 trillion, and the total silver market is around 14 billion. Guess which one moves the farthest to incremental investment demand?
SLW is also very undervalued, with little debt, and low operational risk.
Long: SLW
If This Comes True, You'll Be Glad You Own Gold & Silver [View article]
Hence the saying, "the Sun never sets on the British Empire".
It was common knowledge of all, and nearly universally believed that the British Pound Sterling would reign supreme over the new millennium of the 20th Century, as it had in the 19th Century.
It was simply inconceivable to the Brits and their trading partners that the Sterling wouldn't be the reserve currency of the world for at least another 1000 years.
Until, the dollar came along and replaced it.
Oops, never mind.
Those who hold their wealth in dollars are at risk of repeating this awful history.
Why not diversify your currency exposure?