The primary reason for this bout of inflation is the price of...

The primary reason for this bout of inflation is the price of oil IMHO.
The inflationary pressures will be present until the price of oil and commodities becomes stable or at least stop rising at such a high rates.
You would need a pretty severe world recession to achieve that IMHO.

We better get used to higher inflation times and find some investments that can beat it.

Is gold too expensive already or will it go higher?
Acording to Marc, gold is the safe haven in troubled times.

Brian