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NEW YORK ( TheStreet) -- "The bears may dominate the media, but their credibility is sparse," Jim Cramer told the viewers of his "Mad Money" TV show Tuesday.

When the major averages are getting pummeled, it's easy to give in to the pessimism, said Cramer, but no one ever made a dime panicking.

Cramer said the litany of worries in the media just over the past 24 hours have been staggering. He said they've included worries about higher commodity prices, higher gas prices, higher mortgage rates, higher taxes, higher foreclosures, a higher dollar, a higher Euro and higher inflation, just to name a few. But Cramer wondered if any of these fears been right.

Cramer said some of these worries may be right someday, but they surely haven't been over the past two years, when the markets have rallied off historic lows, and made smart investors a ton of money.

He noted that even AutoZone ( AZO), a company which reported great earnings and was perhaps the only stock that went higher today, was greeted in this morning's papers by stories that were filled with worries about the company's outlook.

Which of these worries truly impact your investments? Cramer said the chances are very few, if any. He said the bears continue to doll out these "concerns" because they can never be put to rest, and seem as valid today as they were two years ago.

Yet in those two years, he said investors should just look at the gains of companies like Apple ( AAPL), a stock which Cramer owns for his charitable trust, Action Alerts PLUS, Chipotle ( CMG), Lululemon ( LULU)and Netflix ( NFLX) in that period.

Gold Still Cheap

In the "Off The Charts" segment, Cramer went head to head with colleague John Roque over the price of gold, a commodity Cramer said investors "gotta, gotta, gotta have in their portfolios."

Roque took a lesson from history, and looked at gold prices going back to 1958. He noted that during the last big spike in oil, between 1974 and 1979, gold rallied right along with oil, and even more than oil. Between 1971 and 1974, gold rallied 173%. By the Iranian revolution in 1979, gold rose another 385%.

Comparing gold to the S&P 500, Roque noted that gold traded at 2.7 times the price of the average in 1971, but rose to over six times the average by 1979. Currently, gold tops out at just 1.4 times the S&P, making it still very inexpensive. Roque said gold could easily hit $1,550 an ounce.

Cramer agreed with Roque's analysis, saying the charts have spoken and the move in gold is from over. Cramer said gold is used as a hedge against inflation, and with oil and commodity prices on the move, it's the logical choice for every portfolio.

Turnaround Story

In the "Executive Decision" segment, Cramer spoke with Patrick Doyle, president and CEO of Domino's Pizza ( DPZ - Get Report), a company Cramer called a turnaround story, with international growth and rising revenues.

Doyle addressed concerns about rising commodity costs by saying that Domino's is a big company and manages their commodity costs very well. He said cost inflation is forecast to only be 3% to 4% this year, which is not a big deal given that 95% of Domino's locations are franchised.

When asked about the company's muted 1% to 3% guidance, Doyle said that while domestic sales may be tempered, Domino's international growth is growing at a fast clip, with the company opening 350 new stores internationally last year. He said while there's still growth in the U.S., international sales will be bigger than domestic for Domino's within two years.

Turning to the company's new advertising campaigns, Doyle noted that Domino's sees almost an instant response every time it runs its ads, and the Internet is proving to be a big driver for the company as well. He said that 25% of all sales, some $1.3 billion, came from online last year.

Finally, when asked about why the company is using its huge cash flow to buy back stock, Doyle said that the company looks at what's best for shareholders, and in the fourth quarter, buying back stock made the most sense, so that's what Domino's did. He said the company is investing all it needs to into the business, and the rest will be directed to what benefits shareholders most.

Cramer said investors shouldn't focus on the cost of cheese, adding Domino's is an international growth story.

Empowering Women

In a second "Executive Decision" segment, Cramer sat down with Rick Goings, chairman and CEO of Tupperware Brands ( TUP), a company that just delivered a 10-cent-a-share earnings beat on a 4.6% increase in revenue, and a stock that's up 141% since Cramer first got behind it in January, 2007.

Goings said Tupperware's biggest problem is people think about who the company was, and not who it currently is. He said the company is leveraging the power of women and the rising middle class, all over the globe.

Goings said Tupperware is not just about emerging markets, either. He said the company uses a multi-local approach, which has led to a 50% jump in sales in France, where Tupperware is essentially a culinary company now, complete with cooking classes. While in other markets, like India and Indonesia, Tupperware has a completely different set of strengths.

Goings said that his global management team is empowered to help women realize they can have a better life, both by using Tupperware products, and buy selling them. In the Middle East, Goings said there's a lot of emphasis on empowering women, and Tupperware is there to help.

Cramer called Tupperware an inspirational company, and continued to recommend the stock.

Lightning Round

Cramer was bullish on Hercules Offshore ( HERO), Nabors Industries ( NBR - Get Report), Schlumberger ( SLB - Get Report), Goldcorp ( GG), Massey Energy ( MEE), Walter Industries ( WLT), Peabody Energy ( BTU - Get Report), Hain Celestial Group ( HAIN)and Whole Foods ( WFMI).

He was bearish on NVIDIA ( NVDA)and New Gold ( NGD).

Headline Bank Risks

In his "No Huddle Offense" segment, commented on the comedy that is the bank stocks, on the heels of yet more negative news out of JPMorgan Chase ( JPM). Cramer said this news exceeded even his own negativity on the banks, and made him wonder what else is lurker for the weaker companies in the group.

Cramer said the promise of the bank stocks is the return of their dividends, a notion that will never materialize with the onslaught of surprises that keep coming. Cramer said he's still a long-term believer in the banks, but for the interim, the headline risk makes them not for the faint of heart.

--Written by Scott Rutt in Washington, D.C.

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For more of Cramer's insights during the Lightning Round, clickhere .

At the time of publication, Cramer was long Apple.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.