Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices at a 39-year high, it's time to follow his lead

Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices at a 39-year high, it's time to follow his lead

With the Fed printing massive amounts of money, price levels are rising at a rate we haven’t seen in decades.

In November, U.S. consumer prices increased 6.8% on a year over year basis, the fastest pace since June 1982.

If you’re hoarding cash, spiking inflation means your savings won’t be able to buy the same amount of products and services as before.

Fortunately, investing legend Warren Buffett has plenty of advice on what to own when consumer prices spike.