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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Kraft Heinz (KHC)
- Avoid Kraft Heinz (KHC) due to poor management.
- ConAgra is a better alternative with a better yield.
Tariff Issues
- The new tariffs are poorly implemented and based on trade deficits, not actual tariffs.
- This hurts US consumers and won't change trading partners' behaviors.
Who Pays Tariffs?
- Jim Cramer's wife owns Fosforo Mezcal, which imports from Mexico.
- They pay the tariffs directly, contrary to claims they are paid by exporting countries.