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Cramer Chats With RandGold Resources CEO

Monday, 14 May 2012 | 7:30 PM ET
GOLD CEO on Industry's Ups & Downs
Mad Money host Jim Cramer explains why he's still a believer in gold. Mark Bristow, Randgold Resources CEO, also weighs in.

Gold prices fell to a 4-1/2-month low on Monday, hit by concerns about a worsening debt crisis in the euro zone following political deadlock in Greece which fuelled risk aversion and put pressure on the euro.

Nevertheless, "Mad Money" host Jim Cramer recommends that every investor should own some gold. He prefers the SPDR Gold Shares Trust , an exchange-traded fund that allows investors to own gold without having to worry about putting up huge sums of money to buy and store it.

The miners, on the other hand, have been difficult to game. But with many mining stocks falling right along with the price of gold, he wanted to check in with some of the mining companies to see if there are any buying opportunities. So he welcomed RandGold Resources CEO Mark Bristow onto Monday's "Mad Money."

The two talked about the company's prospects and the gold mining business in general. Watch the video to see the complete conversation!

—Reuters contributed to this report

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