Another Inflation Play Is Already Trending Higher

While we wait for gold miners to pick themselves up off the mat, consider another inflation play that is already trending higher.

I'm talking about real estate.

Here's a chart of the iShares Real Estate ETF (IYR), the biggest American real estate ETF.

You can see that the IYF touched support at its 20-day moving average on Friday. It's been stair-stepping higher along the 20-day since December.  If you're feeling speculative, you can buy it now. If you're more cautious, wait and see if there is a pullback to the 50-day moving average.

The first target is 83.50. It should go higher from there.

I'm not your investment advisor. Do your own due diligence.