How to invest in an environment of rising inflation and unpredictable central bank policy

MoneyWeek/John Stepek/4-9-2022

“So investors have to contend not just with rising inflation, but also with a less predictable Fed. That’s not an easy environment to invest in. So stick to tried and tested principles: buy cheap and buy stuff you understand. Novelty is out, and old-fashioned investing is back.”

USAGOLD note: For the old-fashioned portfolio, gold remains a tried and true alternative for hedging a variety of negative events. Even as bond prices have dropped, a circumstance that has historically corresponded with lower gold prices, “gold has performed well,” writes Stepek. “They have now decoupled,” he says.