Theme No. 5: Precious Metals

Cramer's said it a thousand times: No portfolio is complete without some exposure to gold. He said gold is one of the easiest stories to understand.

Cramer said in a nutshell, it's getting harder and harder to find the shiny stuff at a time when the world is demanding more and more of it. Whether it's the rising middle class wanting to show off their new found wealth, or governments stockpiling the precious metal as a hedge against their devaluing currencies, gold, along with other metals, can easily justify their record-setting prices.

Cramer said gold is an asset class in and of itself, and its increasing scarcity makes it a safe investment for every portfolio.

Cramer once again reminded viewers that there are many ways to invest in gold, from gold bars and bullion, to coins and jewelry, to ETFs like the SPDR Gold Shares ( GLD) to the gold mining stocks themselves. Of the latter, Cramer gave the nod to Goldcorp ( GG), along with Barrick Gold ( ABX), International Tower Hill Mines ( THM) and Novagold ( NG).

Cramer said like the homeland security stocks, there's no need to rush into the gold stocks. Cramer said he would be a buyer on any pullback or weakness in any of these names.

In his conclusion, Cramer said investors don't have to agree with all of the theme's he outlined in today's show. He said what's important is that investors believe in something long-term, and have the conviction to see it through the next time the market sells off. He said if investors are patient and calculating, his shopping list of long-term themes will serve them well.

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

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At the time of publication, Cramer was long John Deere, Potash.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of 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, 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 is related to the specific opinions expressed by him on "Mad Money."

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