Learn to Love Inflation

Inflation continues to be the buzzword.

Last week was Cinco de Mayo and there was a little get together here at the building where I have an office.

 

The tenants were having some margaritas, and inflation was quickly brought up as it related to the government spending that's been going on over the past year or so, and the new programs that have just been announced.

People were asking, “How are we going to pay for it?” while simultaneously acknowledging that “prices are going up.”

Yeah, of course they are.

This has been a theme that I've been on for quite some time now — over a year now, in fact.

Last year, I was telling my friends that inflation was starting to manifest because of the prices they were paying for blue crabs in Maryland.

 

Since then, I've been advising my members on how to get ahead of that inflation and how to harness that inflation and how to put that inflation in their accounts instead of letting it bleed them dry through higher prices and weaker dollars.

That's what some of the people here on my floor were worried about.

And I gave them the same answer...

Look, commodities are inflating. The CRB index continues to hit new highs.

Copper is at all time highs. That means it is the highest price it has ever been. 

 

Remember a couple of months ago, I was writing articles about how as copper was continuing to inflate, there's going to be increasing copper thefts, and there is going to be less fortunate people looking to trade that copper in for increasingly worthless dollars... and that you didn't want to be on that end of the spectrum?

You wanted to be on the entire opposite end of that spectrum... owning the assets in the ground, owning the copper mines and the copper mines of the future.

Those stocks have performed fantastically for my members over the past year, certainly over the past couple of months as copper inflation has accelerated.

Names like Rio Tinto (NYSE: RIO) and Ivanhoe Mines (TSX: IVN)(OTC: IVPAF), which we’re in below $2.00 and has now surged above $9.00 as it looks to bring on one of the world's newest and largest copper mines online and is doing so in a manner that it pledges to be net zero emissions.

 

But it's not just clean metals and clean things that are inflating.

Oil is back to $65. I made a new oil recommendation last week to members. We've profited in multiple ways off of oil’s recent rise. And oil's not done yet.

Then there’s uranium, which is clean and finally is being recognized as such by governments across the globe.

Uranium stocks are doing quite well across the board.

There's not that many of them, but bigger names that obviously come to mind are the Global X Uranium ETF (NYSE: URA), Cameco (NYSE: CCJ)(TSX: CCO) and Denison (NYSE: DNN)(TSX: DML) —  all doing well.

 

 

A couple of points on uranium… The U.S. has a new reactor coming online later this year in Georgia.

The Biden Administration just said last week that they're open to subsidies for extending the life of nuclear reactors, because it's obviously a stable source of clean base load electricity.

And if you need something symbolic in the uranium sector, the Fukushima reactors have now been cleared to restart ten years after that disaster. So really putting a bookend on that chapter in uranium's history.

We’re profiting from these energy re-inflation plays.

And some of the biggest gains are yet to come. 

 

Call it like you see it,