What would be the best stocks to own during a period of high US inflation?

Question

I figure the price of gas doubling is synonymous with a devalued dollar (over 50 percent), which is synonymous with inflation (over 100 percent). Off the shelf prices are still the same as they were 8 years ago, however, there is going to be a huge adjustment in all prices, which could be the death nail to the middle class. I'm guessing businesses in foreign markets will out perform businesses in the US market.

Answer 1

gold and oil.

Answer 2

1. first look at wot inflate most now...kommodatees

2. Then tri tu ges wot inflate most wen ekonomee go bad

Answer 3

I feel the world econ is slowing down and now is not the right time for inflation hedge stocks.

However, to answer your question, during times of inflation some of the best plays are oil etfs, such as OIH and USO; gold etf GLD; gold mining stocks, such as NEM; There are also dollar short etf's, but they lack liquidity, so you don't want to day trade them.

Hard assets tend to go up, as do the currencies in countries which are strong in commodities, such as Australia and Canada.

If the world econ is slowing, these are not the plays to be in. In fact, the charts of the above have peaked, and are now in a downtrend.