Investing in precious metal stocks like gold, silver and platinum, and other metals like copper and steel are often great ways to hedge against inflation…
And boy oh boy, have we seen a lot of that lately…
In fact, the Bank of Russia revealed it’s going to pick up on buying gold to help ensure financial stability after getting slammed with sanctions for invading Ukraine. This is BIG, and I’m willing to bet it’ll be buying gold aggressively because Russia’s access to funds has been cut off from the west.
That tells me metals stocks of all kinds are about to rise, and I want to get my readers in on it with this hedge!
The Best Way to Hedge Against Inflation in 2022
In the type of economy we’re in, metals have seen record-high prices that have nearly doubled across the board.
That’s why gold stocks are a great way to hedge against inflation in 2022…
In fact, Goldman Sachs Group Inc. (NYSE: GS) analyst Jeffrey Currie sees 2022 as the start of a commodity super-cycle fueled by the recovery from the COVID-19 pandemic, and stimulus measures used to keep things running…
He also said the metals industry is one of the main beneficiaries.
And according to other analysts, gold might even go as high as $2,000 per ounce — it was $1,921 Wednesday afternoon!
That number is a little high for my liking, but we’ve seen crazier things happen recently…
Check out my short video below to learn more about the best way to hedge against inflation in 2022, and to get the three metals stocks that could do wonders for our portfolios based on the economic climate we’re currently in.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
P.S. Don’t know how to react to the market right now?
While everyone’s first instinct might be to panic and sell their stocks, savvy investors know pricing usually happens before the event.
That means setbacks are often a time when some stocks are bottoming…
So don’t be foolish and panic sell everything like the masses!
I just released six brand-new stock opportunities set to benefit from the Russia-Ukraine crisis that everyone can take advantage of right now.
