hedge against inflation

As gold surges past $1,600 an ounce, it's tempting to start rummaging through your jewelry box to raise cash. But there are other, better ways of making money from rising prices. Read on to find out how -- but first, you should know why gold is spiking, and how the price might change.

With the price of gold now at a three-month low, is investing in the precious metal a smart move? While gold has been a stellar investment over the past decade, James Altucher says you can do better. In this short and frank video, he discusses silver, gold and stocks and tells you where he sees upside potential.