He recommended playing the precious metal in the following order: buy bullion, the SPDR Gold Shares ETF (GLD), Agnico-Eagle (AEM), Eldorado (EGO) or gold coins from the US Mint.

Another Cramer pick and I'm up 43% in three months. Good gold play.

Gold and things related are never worth zero

growth and hedge

Gold Dividend is coming at this stock

gold

makes me money

gold

He also liked Agnico-Eagle(AEM) and said "you could also do" the SPDR Gold Shares (GLD).

Q: In that case, tell us what to buy in the next six months.

Fred Hickey: Buy value, and protect yourself against the threat of the dollar's collapse and the return of inflation. I've been riding the gold wave for a decade, and the major secular bull market in gold isn't over. I'm twice as adamant now as in January about the need to own gold. I continue to like the mining companies. The GDX, or Market Vectors Gold Miners ETF [exchange-traded fund], is a diversified fund of some 30 mining stocks. I still like Agnico-Eagle Mines , and bullion, which you can own through the GLD, or SPDR Gold Shares ETF. My favorite gold miner is Yamana Gold . It is based in Canada but operates in Brazil, Mexico and Chile. It trades on the New York Stock Exchange. It rallied to 11 a share from 4, but is down from a year-ago peak of 19, even though the price of gold has recovered to almost $1,000 an ounce. The P/E is reasonable. The company has new mines coming on, and it is benefiting from lower costs.

never a winning trade

gold

fools gold