Markets seem to still believe the Federal Reserve’s narrative of transitory inflation, but that narrative is not reflective of reality, said Adrian Day, president of Adrian Day Asset Management.
“The market simply doesn’t believe the inflation story, and they seem to believe what the Fed is saying about it being transitory. To me, obviously there are reasons to think that some of the recent jumps we’ve had in certain prices are temporary, but if prices in aggregate go up, then that’s a reflection of inflation, and it seems to me we definitely have inflation,” Day told David Lin, anchor for Kitco News.
This is his guide to beating inflation.
0:00 – Inflation
6:46 – Gold’s performance
9:50 – Fed tapering
12:05 – The best inflation hedges
18:17 – Major risks for investors
21:00 – Hedge against high valuations
24:44 – Top stock picks
26:20 – Cryptocurrencies
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit
Follow us on social media:
Facebook –
Twitter –
StockTwits –
Live gold price and charts:
Live silver price and charts:
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week:
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors:
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc….(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Bro, the hat lol
High dividend stocks are the go.
Gold is $1692 an ounce today. A few years ago it was $1800 an ounce. Food prices alone are up 50% today from a year ago. Gold isn't a hedge against inflation.
Nice hat
Surprise surprise, another 70 something boomer isn't into Bitcoin. The old and tired "intrinsic value" argument is as stupid as believing the worth of gold is predicated on its functional utility.
Lithium stocks. Demand for EV worldwide are going to skyrocket. I've already trippled.
Gold is not a hedge against inflation. Gold is a hedge of a total collapse of the currency due to out of of control hyper inflation and the ensuing wars that it always brings. Nobody is going to want your worthless dollars from a default country, but gold you can then convert back into whatever the dominate currency arises from the ashes. In the meantime, gold will be the currency.
Down to earth brilliant advice, and spot on with the predictions on Netflix, FB, Zoom etc! Must put Nestle on my watchlist.
if you "think" that the rest of the world is not going to collapse with the US, you're sadly ignorant of the facts. Without our military defending every other country, invasion and civil wars will be the norm, not the exception. EVERY country is either has us as a major trading partner, or countries that ARE their major partner are countries that are completely dependent upon trade with us.
wrong
Inflation is created by inflated people. How a football player is paid enough vs a peasant who gets al most nothing, How a famous singer can create value just by singing an authograph, while a carpenter is paid few pounds?
Starting early is the best way of getting ahead to build wealth, Investing remains the priority. the stock market has plenty opportunity to have a decent payouts with the right skills and proper understanding on how the market works.
Hazard inflace.
Feds are coming up with excuses. In the past they raised rates causing layoffs. They are not raising rates cz they do not want real-estate to crash and the bubble to bust. Inflation is good in this case. If real-estate crashes so will the market as in Japan and its still not back after 30 years.
I will keep my gold
How is there supply of uranium, oil, etc., at current or near prices if costs are rising by 20% or more per year? The question was whether these are good inflation hedges, not whether there's a secular story at flat prices. The answer is YES, any commodity is a good inflation hedge, particularly those with rapidly increasing production costs.
I really enjoyed this interview. David is his usual self, an excellent interviewer and this gentleman doesn't come off as a salesman but shares information and gives an informed opinion on how that information should shape your investment strategy.
uranium will be a Good Hedge because World War 3 is near
Wonderful talk, two gentlemen in possibly worlds best country!
The big five investing assets are real estate, gold, art work, guns, alcohol.
Sadly, it's always government foolishness that cause high inflation.