Get Ready for Gold to Shine Brighter

As we head into a second quarter that promises continued Fed-jawboning and predictions of more rate hikes, don't be fooled by the conventional wisdom.

Author:: TheStreet Staff
Publish date:: Apr 5, 2017 3:03 PM EDT

Inflation appears to have become a bit more worrisome, and gold serves as a nice inflation hedge. Official statistics for January calculated U.S. annual inflation at 2.5%, while February was running at 2.7%. It's been several years since the inflation rate has topped the 2% range.

The positive case for gold seems solid to me. Investors buy gold when they sense danger because gold has an impressive record of preserving wealth through economic depressions, stock-market crashes and every other type of financial or monetary crisis.

(Click here to read more April Trading Strategies columns or here watch a replay of Jim Cramer's April 5 roundtable video with Douglas Borthwick, Stephen Guilfoyle, Peter Tchir and David Yoe Williams.)

This article was written by a staff member of TheStreet.