4:35 PM
qe3 and the commodities
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bernanke , central bankers , commodities , commodity prices , dollar , qe3
Well, is QE3 imminent or not? Support for Bernanke's plan is growing all so slowly. Central bankers are still searching for solutions to the European contraction. They'll figure a way to loosen the money supply. When that happens, commodities will rise in price. There was recently a 20% sell-off in commodities. Commodity traders are watching inflation. If higher inflation causes a U.S. dollar weakening, this will be a good bounce for commodity prices.