The last 7 times inflation topped 5%....We had a recession. When you consider China and the unfathomable amount of global debt, this coming recession is going to be a monster. In all previous recessions caused by inflation over 5% the crooked ignorant FED had room to cut rates....not so now...they are powerless. We will have a recession, a market crash, a real estate crash and a commodity crash. There is no safe place to hide. The only possible way to profit from this will be in precious metals and quality miners once it is widely accepted that we're going down the drain. Initially gold will sell of with everything else...that will be your cue to load up. You should be net short the market, well hedged if you don't want to short and in cash waiting for the next great opportunity. You don't want to sit on TGB or copper or any other commodity save agriculture as the demand destruction will be epic.