On Wednesday’s Mad Money show, Jim Cramer told investors that it’s not a question of whether or not to own gold, but how to own gold. Cramer believes that investors can capture some short-term gains by trading gold, as the metal seems to perform better in the second half of the year. Cramer recommended Agnico Eagle Mines (AEM: 36.14 0.00%) as his favorite way to play gold sending the stock up 6.9%. The company continues to expand its production and has seen a 9% increase in its stock price since the beginning of the year. AEM stands to benefit from the rising price of gold since they don’t engage in hedging. Cramer continues to be bullish on gold overall with the uncertainty in the economy and the declining value of global currency. 

Another stock getting a boost from the “Cramer effect” was XTO Energy (XTO: 0.00 N/A). The stock gained 3.4% after a bullish recommendation from Cramer in the Lightning Round segment of Wednesday’s Mad Money show. Cramer called XTO “the signle best performing natural gas stock in history/”. 

Potash (POT: 45.99 0.00%) jumped 3.0% after Cramer stated that fertilizer is one commodity that is immune to the influence of China. Potash is Cramer’s pick in the fertilizer space despite the falling demand seen in recent quarters. Cramer thinks orders will increase once again as the economy begins to recover and farmers see they can’t cut back on necessities like fertilizer for very long.