On Wednesday's "Mad Money" TV show, Jim Cramer interviewed Agnico-Eagle CEO Sean Boyd and discussed the company's the outlook for gold. Boyd said Agnico owns all of its gold reserves, which means it can expand from current spaces rather than rely on starting new mines. He also expressed pride at the company's 27-year dividend.
Cramer said he liked Agnico-Eagle Mines(AEM Quote) and the SPDR Gold Trust(GLD Quote) and said that gold is a responsible investment.
On Thursday, Agnico lost $1.91, or 4.2%, to close at $44.11. SPDR Gold Trust was off $1.06, or 1.2%, to close at $87.27.
Cramer also spoke with Panera Bread(PNRA Quote) CEO Ron Shaich about that company's quarterly earnings report. The company's earnings were strong, but the stock plunged on Wednesday. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,501.05 | 1,114.11 | 2,212.10 | 35.46 |
Oil *
71.84
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UP
29.55
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UP
7.70
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UP
21.79
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UP
0.06
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10 Yr
3.55%
SPDR Gold
110.24
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+0.28%
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+0.70%
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+0.99%
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+0.17%
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