Stocks as an Inflation Hedge? Why Not? By Jim Cramer About this article: We're buying stocks to hedge inflation globally and you see that with all sorts of trades that go on every day. That's how a Randgold can move from $50 to $72 in a month. It's how Agnico Eagle can rally 12 points in a blink of an eye. It's also how the shipping companies can have miraculous rises. Of course, it is also how Freeport and BHP Billiton gallop ever higher. It's funny to think of stocks as an inflation hedge because they've always been victims of inflation. But the brutal competition that once typified the minerals industries and the scarcity of plays against them has caused a shortage and short squeeze of amazing proportions as we span the globe looking for inflation plays. Hence Randgold, a previously untouchable African gold play. You can, right here, still buy Vale , the iron ore,... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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