For investors looking for more from their gold positions, such as dividend income, owning shares of companies can be a way to counter inflation.
Now that we are in an inflationary environment, there are many ways investors can protect themselves by getting ahead of, or even avoiding the effects of inflation.
As prices rise, look to these three precious metal names.
Precious metals have long been considered a hedge against inflation, and according to the charts, prices in this space are poised to move higher.
I see a good pattern on the VanEck Vectors Junior Gold Miners exchange-traded fund.
As prices go up everywhere else, what can we expect for gold and silver?
Outside of the ETF launch which could generate flow into the crypto space, it is important to ask what the real theme is for Bitcoin.
Geodrill drills for gold and minerals, while Vicinity Motor has EV busses.
The real issue is that they don't know and are just hoping that "inflation is transitory".
When the currency starts to lose buying power a move to hard currency like precious metals is a strong alternative.