Friday, August 8, 2025

Bad News, Gold Bugs! Jim Cramer Thinks It’s “The Perfect Time” To Buy Gold

Jim Cramer, the energetic host of CNBC’s Mad Money, declared on Wednesday that it’s the “perfect entry time to do some buying.” Cramer based this on charts that legendary market technician Larry Williams developed.

He explained that Williams believes that when small spectators get too bullish on gold, this often indicates that it’s about to peak. Conversely, when these small spectators become too bearish, it tends to indicate that the precious metal has reached or is approaching the bottom of a cycle.

Exhibit A was the gold rallying past the US$2,000 mark in March just as small spectators were long 200,790 contracts, their biggest net long position in four years. These small spectators are currently in their smallest long position since May 2019, which was also just before a gold price rally.

Cramer also pointed out that gold tends to react to fluctuations in oil prices more than any other inflation indicator.

“Price of oil pushed forward by eight weeks has been very powerful for predicting the price of gold in the past. Williams says that based on the price of oil in the next eight weeks, now is the time to buy gold. His forecast says it should be ready to rally here,” he said.

What he believes is that when it comes to the precious metal, Williams knows quite a bit about spotting a bottom. 

After the peak in March, gold has struggled to regain an upward trajectory as the Federal Reserve raised interest rates, but the precious metal begun to move upward by the middle of July. As of this writing, gold is up 0.77% at US$1,787.00. 

But per Cramer Inverse rules, things have yet to unfold.


Information for this briefing was found via Twitter and the companies and sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Gold/Silver: People Can Still Lose Money In This Bull Market!? | Rick Rule

He Said $300 Silver!? | Peter Krauth

Dollar Will Collapse, Gold and Silver Are the Only Safe Havens | Jim Rogers

Recommended

Nova Scotia Bans Forest Access to Prevent Wildfires

Cardiol Therapeutics Releases Positive Topline Results From Phase II Clinical Trial

Related News

Rahul Paul: A Constructive Shift In Gold Sentiment

For our final episode of The Daily Dive this week, we sit down with Rahul...

Friday, April 16, 2021, 01:30:00 PM

Great Bear Hits 88.70 G/T Gold Over 1.35 Metres At Dixie

Great Bear Resources (TSXV: GBR) this morning published additional results from its ongoing drill program...

Monday, September 28, 2020, 08:32:14 AM

Max Resource Reports 18.8 G/t Gold Over 16 Metres In Historic Core At RT Gold Property

Max Resource Corp (TSXV: MXR) this morning released assay results for its RT Gold project...

Monday, December 21, 2020, 07:50:44 AM

Montage Gold Sees Additional $4.5 Million Raised In IPO Over-Allotment

Funds keep coming in for Montage Gold (TSXV: MAU). In connection with the recently completed...

Friday, October 30, 2020, 08:52:24 AM

Seabridge Gold: 47 Million Ounces and Counting

At the Rule Symposium in Boca Raton, Florida, Rudi Fronk, Chairman & CEO of Seabridge...

Thursday, July 11, 2024, 09:32:00 AM