Jim Cramer called Brazilian mining company Vale (VALE) an inflation hedge "as good as" cryptocurrency, with a forward P/E of 8.
Jim Cramer stated on CNBC's "Mad Money" that he favors Brazilian mining company Vale (VALE) as an inflation hedge, considering it "as good as crypto." Vale primarily produces iron ore, copper, and nickel, and has a forward P/E ratio of 8.
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