The ETF To Own When Inflation Rises

The former Federal Reserve Chair and current Secretary of the Treasury, Janet Yellen, says she's not worried about inflation. It's clearly on investors' minds, even if they're not running for the exits across the board. But worried or not, it's here. Officially, it's running at 2.6%, but that's not exactly the best measure, is it?

Out in the real world, where you and I live, eat, and buy stuff, a piece of lumber is now three times more expensive than it was two years ago. A box of cereal? Seventy-five percent more expensive than a year ago. Cars are 40% higher – and that doesn't include the costs coming down the pipeline from much higher steel prices.

That's why I'm releasing this pick today, so you can experience the right kind of inflation – to your bottom line. These shares could easily double in six to eight months, but the profits could very well be even higher.

Why I'm Loving Steel Right Now

Higher steel prices have definitely got my attention. Prices are going through the roof while we're heading toward the largest infrastructure spending initiative in decades. Steel prices have been on a breakneck run for the last six months, but the steel companies that make the stuff have almost doubled.

I can't help but want to draw a comparison to the global semiconductor shortage and its impact on the auto industry. We'd probably be in a similar situation with steel if there weren't so many companies that manufacture it. That's a good situation for investors to be in, frankly.

For steel, it's "game on," and it's not exactly the most exciting thing in the world – it doesn't do billions of calculations per second, make you feel years younger, or cure disease, but in this environment, I think every investor needs exposure, not just for the big profit potential – and it is big – but also as a hedge against inflation.

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Disclaimer: Any performance results described herein are not based on actual trading of securities but are instead based on a hypothetical trading account which entered and exited the suggested ...

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