During times of inflation the best performing investments have been commodities, especially oil or energy related stocks. During periods of hyperinflation the best performing investment is gold.
I am curious about what others are thinking.
Lead is always a good investment.
You are right.
Actually most stocks tend to rise along with inflation.
The worst performing are cash, fixed pensions, fixed annuities and saving accounts.
Most retirees are going to be shafted.
Gold is not moving much.
Agreed. Actually, silver as well. Both markets are manipulated*, Gold by the central banks and silver by the speculators. The big "secret" there is naked shorting.
When Nixon "temporarily" (as in "transitory") removed gold backing from the dollar, a paper gold market was set up. One of the comments then was that a volatile gold market would discourage the public from investing or saving that metal. IMO, at that time, it was just an observation on human psychology. Today, again IMO, volatility has become a tactic the central banks use to maintain the illusion that the dollar is sound.
Putting a percentage in gold and silver is buying financial fire insurance, hoping never to have to use it. Investing in it is for those with cast-iron testicles for the above and below reasons.
The $100 smash down last week** was done (IMO) to clear out some of the short positions the banks had taken in supporting the dollar. With Basel III coming into full effect in Jan. 2022, expect more hair-raising drops as the banks do a golden CYA and wipe out their remaining short positions.
Fasten your seat belts, whether you agree or not. As someone in the Carter years opined "The ship of state is adrift in a sea of fiat currency and is using the rudder as a paddle".
*In the end, manipulation only succeeds if it follows the trend. Trying to suppress it only results in an explosive reaction in the opposite direction.
**What rational group of investors would dump FOUR BILLION dollars on a market that was in weekend mode? This was a bold, in-your-face move by the central banks.