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IEA warns of asset bubble in commodities

Posted on 28 October 2010

From Thestar.com.my: Further monetary easing by the US Federal Reserve could cause a rise in commodity prices, undermining the impact of moves aimed at supporting economic recovery, according to an official from the Paris-based International Energy Agency (IEA).
Investors could divert cheap US cash into commodities, triggering a rise in raw material prices and stoking inflation, said Eduardo Lopez, the IEA’s senior oil demand analyst……………………………………….Full Article: Source

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