Dateline April 21,2015. Even dyed-in-the-wool stock investors are realizing the value of holding gold as part of one’s portfolio. Case in point, Jim Cramer, the famous stock wizard and host of CNBC’s Mad Money is now recommending holding a portion of one’s assets in physical gold. Cramer discussed this idea in a recent CNBC article.
Although a strong believer in picking the right stocks, the article goes on to explain his ideas on further diversification. The article states that “Gold brings a special element into a portfolio, one that makes it different from all other metals. However, Cramer warned that this one should not make up even 20 percent of an investor’s portfolio. That is way too much”. Cramer goes on to say that gold “tends to go up when everything else is going down. It is the investors’ insurance against geopolitical events, uncertainty and inflation”.
What Gold Stocks does Cramer Recommend?
So what gold stocks does the wizard of CNBC recommend? Actually, he recommends none. Instead, he suggestes that investors own physical gold. As he states: “It will act as an insurance policy for a portfolio. Everyone should have a little.”
If you would like to heed Jim Cramer’s sage advice, you can buy gold through our preferred broker, Golden Eagle Coins, and round out the diversification in your portfolio.
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