Inflation has been a hot topic over the past few months. But even when inflation cools back down, it simply goes back to being the silent wealth destroyer. Don't let it eat at your portfolio.

If your investment strategy needs a good inflation hedge, take a look at these three symphonies:

• Commodity Momentum: Metals, timber, agriculture. The building blocks of the physical world. This strategy holds a given commodity if it has positive momentum, defined as better performance than medium-term treasury bonds.

• Safety in Sin Stocks: In periods of low or negative growth, "sin stocks" provide exposure to quality earnings.

• Inflation Spiral Hedge: A basket of assets designed to hedge against an inflation spiral scenario that includes consumer staples, gold, energy and agricultural commodities, and treasury shorts.