Jim Cramer of The Street.com interviewed Sean Boyd, CEO of Agnico-Eagle Mines (Symbol: AEM) yesterday. (Agnico-Eagle has been one of my best performing gold stocks over the last few years - up until a few weeks ago, anyway.)

My first impression was “what, Jim Cramer calmly discussing gold?”

Sure enough, Mad Money man himself.

Boyd pointed out something the gold bears don’t want you to think about, namely that gold’s decline to $819 from $980 is no different than the pullback we saw two years ago in May 2006 and it declined 20% twice over the span of 3 or 4 months. Here we have it again in August, which should be no surprise as summer is the typical bloodbath, er, I mean doldrums, for gold and gold stocks.

Sean Boyd stated that gold stocks are on sale here, including his company Agnico-Eagle (oh, boy is it on sale!).

Jim Cramer agreed.

Cramer asked Boyd about AEM’s tough 2nd quarter which assisted in helping investors decision to trim some value from Agnico’s stockholder’s portfolios. Boyd said that Zinc prices were primarily to blame, but that AEM’s cash cost for gold is a measly $250 per ounce to extract.

Cramer’s comment, perhaps influenced by the presence of Boyd, was that AEM is the best gold company. I certainly agree that it’s a keeper and on sale.

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