by Adam Sharp
Daily Reckoning
As we float in the trough following the first wave of inflation, bracing for the next, it seems an excellent time to review a few alternative inflation hedges.
Today we’ll examine the benefits of owning firearms, farmland, and fixed-rate mortgages during inflationary periods. Let’s get started.
Inflation Hedge No. 1: Firearms
I’ve honed my “firearms as a hedge” pitch to perfection. I’ve found that it works fairly well on skeptical wives when one needs to justify certain purchases.
But it’s also real. High-quality firearms tend to hold their value remarkably over time. As long as they are properly stored and maintained, firearms tend to keep pace with inflation.