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Bullboard - Stock Discussion Forum Kirkland Lake Gold Ltd. T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's... see more

TSX:KL - Post Discussion

Kirkland Lake Gold Ltd. > Jim Cramer calling Bitcoin phony money
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Post by Galic1 on Apr 19, 2021 9:55pm

Jim Cramer calling Bitcoin phony money


TV anchor Jim Cramer said he bought "a lot of" bitcoin when it was worth $12,000 and used some profits from his investment to pay off a home loan.

"I paid off a mortgage yesterday with it," the "Mad Money" host said Thursday on CNBC, adding that selling half his portfolio helped him.

Bitcoin hit an all-time high of near $65,000 on Wednesday, and was last trading 4% lower around $60,600 on Friday. The digital asset's price is up more than 105% so far this year.

"From the chart, I may be the only natural seller. But it was so great to pay off a mortgage. It was like, kind of, phony money paying for real money," Cramer said.

Comment by oldfx1 on Apr 20, 2021 12:15pm
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