With the current increase in the rate of inflation
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Posted On: 06/17/2021 1:58:47 PM
With the current increase in the rate of inflation hinting clearly that it will rise faster than expected due in part to the financial stress the country has been under with COVID and government spending in mind.
I have a few plays with this in mind.
These are longer term plays to combat the inflation risk.
1) GLTR - All That Glitters ETF which invests in Gold, Silver, Platinum & Palladium. This gives you broad exposure to the metals. It's top holdings are as follows:
- Gold (SGOL) 54%
- Silver (SIVR) 24.6%
- Palladium (PALL) 12.99%
- Platinum (PPLT) 4.65%
Gold charts long term look for a big reversal
Silver is a nice play as we already have a shortage of coins in the country and that could be the spark to ignite a big rise in the PPS
Palladium and Platinum are really a nice hedge in case they see an increase as well. Currently trading at $94.78
XOM - Exxon Mobil looking back at this giants history you will find it has always fared well in the face of inflation. I couple that with the fact that oil prices will continue to rise under the current administration and the potential for a skirmish between nations, the potential of war, the play makes a lot of sense. Of course the fact is you will receive dividend and its underpriced by anywhere from $25-$50 a share imo. Currently trading at $61.65
I have a few plays with this in mind.
These are longer term plays to combat the inflation risk.
1) GLTR - All That Glitters ETF which invests in Gold, Silver, Platinum & Palladium. This gives you broad exposure to the metals. It's top holdings are as follows:
- Gold (SGOL) 54%
- Silver (SIVR) 24.6%
- Palladium (PALL) 12.99%
- Platinum (PPLT) 4.65%
Gold charts long term look for a big reversal
Silver is a nice play as we already have a shortage of coins in the country and that could be the spark to ignite a big rise in the PPS
Palladium and Platinum are really a nice hedge in case they see an increase as well. Currently trading at $94.78
XOM - Exxon Mobil looking back at this giants history you will find it has always fared well in the face of inflation. I couple that with the fact that oil prices will continue to rise under the current administration and the potential for a skirmish between nations, the potential of war, the play makes a lot of sense. Of course the fact is you will receive dividend and its underpriced by anywhere from $25-$50 a share imo. Currently trading at $61.65
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