“Gold is now an asset class, and it must be owned,” CNBC’s Cramer says

Is Gold is a Good Investment Right Now?

CNBC’s Cramer says “Gold is now an asset class, and it must be owned,”

“The demand from Indian wedding season alone is enough to make gold a terrific buy at the beginning of September every year,” CNBC’s Jim Cramer says in an Aug. 23 spot on “Mad Money.” “It sounds crazy, right? Who cares? Given that gold has rallied an average of 8% in September going back to 1992. Hey, that’s almost like clockwork. Of course, that’s just a trade. But I care much more about the power of the precious metal as a long-term theme. … Gold is now an asset class, and it must be owned.”

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