In an article titled : Cramer: Sell, Sell, Sell ; posted by Tom Brennan, this is what Cramer had to say!!!
"""Cramer’s bottom line for this market: “If you’re already on the sidelines, stay there. If you’re not, keep on selling until you get that cash up to a respectable level and then go buy some gold."""" http://www.cnbc.com/id/26840500
From his demands and pleadings for FED Bailouts and Rate cuts to his calls on a bottom in housing and financial firms-----
This new call had me stunned!!!
STAY ON THE SIDELINES AND BUY GOLD--------------never thought I'd hear that from a CNBC news anchor.
(Unlike Jim Cramer, I still think the U.S. Housing market will see more down side)
We are indeed in desperate, uncertain times:
Capital Preservation not Wealth Creation should be our primary concern.