top of page
Live Off Dividends
Writer's pictureARTInvest

Dealing with Inflation: Is it the Right Time to Buy Gold?

Updated: Jan 26, 2023

Background ☢️


On Friday, December 10, the Labor Department reported that inflation had surged by 6.8% in November. During the month, the Consumer Price Index (CPI) rose by 0.8%. With its 6.8% year-on-year increase, the index has now cemented the record as fastest growing since June 1982. Minus food and energy prices, the core CPI was also up 0.5% for the month – its highest in 30 years. Gasoline alone is up over 50%.


US Inflation chart

US Inflation Chart, November 10, 2021.


Thus, contrary to the Fed’s claim that the inflationary pressure is only “transitory,” its effects continue to be hard and prolonged, felt most especially by low-income workers. Inflation is bad for your savings. However, if you know how to harness it, it can be really good for investments. So, what should you buy?


Gold 🏆


Gold Inflation

Investment experts are divided on the utility of gold. While some see it as a relic of antiquity useful only for jewelry, with no monetary properties, others still see it as a viable store of value for an investment.


No matter what, a fact is undeniable: gold is a store of wealth. Even several central banks have its reserves. When the USD is declining and inflation is rising, gold is surely your hedge.


Now, besides holding physical gold, you can weather the storm of inflation by owning other investment options that are underpinned by gold. Examples are ETFs such as:

· GraniteShares Gold Trust (BAR)

· SPDR Gold Trust (