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Gold Collapse Means the World

By Jim Cramer

About this article:
Just as we are set for this spate of profit-taking, we get the collapse of gold, which signifies less chaos and no inflation. I can't emphasize how important this is for the next leg because we need to see inflation down if we are going to calm the fears of those who want to buy equities, the ultimate long-dated assets. Today, for instance, on the gold news, I would be looking for stocks like Verizon and AT&T -- that is, steady, not great growth, but enough to be able to raise the dividend, which means you can own them over time. And how timely it is because today is the must-own date, which is the fantastic way that Dave Peltier frames it when you must buy the stock to get the bountiful dividend as these stocks go ex-tomorrow. (Dave has excelled at spotting dividends that are...

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