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Gold Video of the Day: Cramer on Gold

Jim Cramer makes our point - so we like it. Buy dips. Build your gold position by entering at a good price. Waiting around to buy "lows" so you can sell "highs" only works for those with crystal balls.

Then there's the characterization of the gold market as a "bubble" by Soros, et al. In bubbles, cab drivers and housewives give advice on and actively trade the asset. Remember Real Estate? Tech Stocks? Those were bubbles. Not only is that not happening in gold, Cramer makes the point that gold allocations by fund managers are historically low.

Keep buying dips, not trading.