Mad Money w/ Jim Cramer 'Mad Money w/ Jim Cramer 4/3/25
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Apr 3, 2025 Mark Bristow, President and CEO of Barrick Gold, shares insights on the gold market's current conditions and future outlook. He highlights the relationship between global economic challenges and gold prices, emphasizing why gold remains a safe investment amid uncertainty. The discussion veers into the impact of recent trade tariffs, revealing how these policies affect commodities and the broader economy. Bristow also addresses listener questions on gold's role in a well-rounded investment strategy, making a strong case for its stability in tumultuous times.
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Investing During Uncertainty
- Buy stocks of domestic companies with pricing power during uncertain times.
- Focus on companies with consistent demand, low credit risk, and strong performance in slowdowns.
2000 Dot-Com Crash Playbook
- In 2000, Jim Cramer adapted to the dot-com crash by selling tech stocks and buying slowdown stocks.
- This strategy, though seemingly simple, led to a 36% return for his hedge fund.
Stocks for a Slowdown
- Consider drug middlemen, pharma, health insurers, fintech companies, and telcos.
- Also consider low-price retailers, defense contractors, consumer packaged goods, utilities, and REITs.