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Cramer's 'Mad Money' Recap: Gold Rush (Final)

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NEW YORK ( TheStreet) -- "Gold is not just another commodity," Jim Cramer told the viewers of his "Mad Money" TV show as he once again urged investors to put up to 20% of their portfolios into gold.

Unlike other commodities such as oil, grain or copper, gold is a currency, he said, adding it's what people buy when they don't trust their own currency. Cramer said it's what the Chinese and the Indian people buy first when the discover newfound wealth. "No one who's bought gold since 2001 has lost money," Cramer told viewers.

As the big G20 summit marches on, Cramer said it's clear that America is serious about boosting its exports by weakening the U.S. dollar. He said this move will once again shake up the gold markets, sending countless investors, funds and governments into the already rising currency that is gold.

Cramer once again recommended four ways to invest in gold. He said investors can buy gold coins or they can buy gold bullion. Investors can also pick up shares of the SPDR Gold Shares (GLD), an ETF that tracks the price of gold. Then, of course, there are the mining stocks.

Cramer once again gave the nod to Eldorado Gold (EGO) and Agnico-Eagle Mines (AEM), along with the speculative Novagold (NG), a stock which he owns for his charitable trust, Action Alerts PLUS .

How much further can the gold stocks go? Cramer said if he bought up every share of every gold mining stock out there, he would have a market cap that's just one and a half times the size of Apple (AAPL), another Action Alerts PLUS favorite. Given this minuscule valuation, Cramer said the gold stocks have a long road ahead of them.

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