While gold has traditionally acted as an inflation hedge, the SPDR Gold Shares (NYSEArca: GLD) seemed rather lackluster this year, suffering $10 billion in outflows. With consumer prices spiking and eroding the worth of the dollar, investors are turning to inflation-linked exchange traded funds strategies that help preserve their purchasing power. Additionally, Sonal Desai, chief investment officer at Franklin Templeton, preferred certain energy-based commodities or currencies as indirect hedges to inflation, since Federal Reserve actions could negatively affect the fixed income and TIPS market.