LOL! I saw that show. Cramer's a nut and plays both sides of each issue. He truly goes with the trend. As for his trades, I think his performance is verifiably terrible this year. But, I made good money off of some of his advice. He was the first public person to get so bullish on oil co's several years ago.
And, yes, how many of us here ever even heard of AUY before Cramer? Well, if you follow the prudent rule of selling your losers if they drop 8-10% from recent highs, you still made money if you bought when he first pumped this.
I made some, lost some, but continue to be ahead. I think gold is coming down not simply because the dollar is going up (for now) but more because in a global recession such as the one we're having, much less physical gold is being taken off the market for jewelry and certain high tech products.
Once the dollar begins to drop like a rock, I think we'll see gold come rushing back.
NAT GAS going to 15 a few weeks back, every ceoo should stay off his show its a curse even Elliot Spitzer got burned being on his clown circus phony show. Shultz Mc Clendon Hassen Maroni FCX CHK SGP SBUX all down since he pumped the stock he is a crook and a liar