Jim Cramer Warns 'Don't Be Fooled' Because Speculators In Gold, Quantum And Nuclear Energy Aren't Going Down 'Without A Fight'

Author: Vishaal Sanjay | October 21, 2025 11:31pm

Former hedge fund manager and renowned CNBC TV host Jim Cramer is sounding the alarm on certain speculative pockets of the market, urging investors to sell into the “snapback” momentum if they haven’t already done so.

Speculators Will ‘Not Go Down Without A Fight’

On Tuesday, Cramer cautioned investors that certain speculative plays in quantum computing, data centers, and nuclear energy, alongside gold and silver, will “not go down without a fight.”

See Also: Could A Rotation Out Of Gold Into BTC Double Bitcoin’s Valuation?

According to Cramer, speculators will continue vying for “a snapback,” which essentially refers to a recovery following the decline in the stocks. He said investors should avoid being fooled by such rallies, and instead they should consider selling into them if they “haven’t already.”

The comment comes amid heightened volatility in sectors that have seen sharp rallies in recent months and have since become disconnected from fundamentals.

expect the speculators in quantum, gold, nuke, extraneous data centers, silver, will not go down without a fight and that they will endeavor to have a snapback. Do not be fooled; sell into it if you haven't already.

— Jim Cramer (@jimcramer) October 21, 2025

Steep Decline In Speculative Stocks, Precious Metals

Cramer’s advice comes following steep declines in stocks across these sectors during the day, with gold and silver registering their largest single-day drop in years, dropping 5.2% and 6.7%, respectively.

Quantum computing stocks such as Rigetti Computing Inc. (NASDAQ:RGTI), Quantum Computing Inc. (NASDAQ:QUBT) and D-Wave Quantum Inc. (NYSE:QBTS) have dropped 7.64%, 7.41% and 6.42%, respectively, alongside nuclear energy company Oklo Inc. (NYSE:OKLO), which is down 12.33%.

Similarly, popular data center stocks such as IREN Ltd. (NASDAQ:IREN) and CoreWeave Inc. (NASDAQ:CRWV) are down 6.80% and 1.57%, respectively.

This comes despite most major indices being flat during the day, with the S&P 500 up 0.003%, followed by the Nasdaq Composite index down by 0.16%, and finally the Dow Jones Industrial Average, which was up 0.47%.

Read More:

• Oklo Stock Hits All-Time High Then Turns Negative: What’s Going On?

Photo courtesy: katz / Shutterstock.com

Posted In: CRWV IREN OKLO QBTS QUBT RGTI