Cramer's 'Mad Money' Recap: Fields of Gold

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Brush Up on Metal

Jim Cramer gave his "Mad Money" TV show viewers a rundown of his best mineral and metals plays, including titanium, with Allegheny Technologies,(ATI Quote); and ceramics, with Ceradyne(CRDN Quote).

"We've been practically coining money in zinc, copper and iron ore," he said, adding that BHP Billiton(BHP Quote) and Rio Tinto(RTP Quote) also rose after he recommended them.

Cramer didn't give this list to rest on his laurels, but in order to get viewers psyched for his next "mineral pin-action winner," beryllium.

He called it the next titanium because it is one of the lightest metals in the world and is very stable across a wide range of temperatures.

And he likes Brush Engineered Materials(BW Quote) because it's practically the only fully integrated producer of beryllium in the world.

Brush makes 39% of its money from telecom and computer parts, because beryllium is very conductive and stable.

But it's the aerospace business that Cramer really likes. The thinks that beryllium is a relatively unexploited play on the industry's need for lighter, more fuel efficient planes.

When combined with copper alloys, beryllium is used in satellites, superfast aircraft, missiles and spaceships.

He added that it is also a necessary component in atomic bombs and that beryllium demand is growing.

Cramer recommended Crystallex International(KRY Quote) at $2.60, and now it's up to $4.42, in large part because "gold has done nothing but rise in the last three months."

So why not ring the register for a quick 75% gain? He believes that there's a two-part story behind why the stock will go higher: gold prices and Hugo Chavez.

For starters, gold prices are rising because of demand in India and China, which is driven by a lot more than jewelry.

People in those countries are buying 24-karat gold as a hedge against "the fiscal profligacy" of their governments, Cramer said.