Lead Article
News of impending hyper-inflation is everywhere. Fund managers, financial bloggers and economic commentators are showcasing their “inflation sniffing” bona fides and providing insight on how to confront this specter.  Notably, Universa Investments, a fund associated with Nassim N. Taleb, best selling author of The Black Swan, has launched the “Black Swan Protection-Protocol Inflation" fund (those with less than $25 million to invest need not apply). Gold and gold mining stocks are suddenly au courant with the hedge fund cognoscenti.

AIS and our parent, AIER, have long focused on the slow attrition in consumer purchasing power wrought by a fiat currency regime and monetary expansion. The ever- present reality of inflation is not news to us – it has been an ever-present threat since gold redemptions ceased. This is why we recommend that investors maintain a portfolio that includes common stocks, gold, real estate and short-term bonds, the prices of which include the markets’ best guess regarding future price inflation.

Inside the Issue
Treasury Inflation Protected Securities (TIPS): Another Arrow in the Quiver
Asset Class Investing Post-2008
The High-Yield Dow Investment Strategy
Recent Market Statistics
Recommended Investment Vehicles