14.10.2010 - Currency devaluations will push up commodity prices
From Procurementleaders.com: Competitive currency devaluations by the United States, the Eurozone, the United Kingdom, Japan and other major economies would push up inflation and the prices of commodities such as gold, experts have warned. Jeffrey Nichols, senior economic advisor to Rosland Capital, noted that many developed countries are considering exchange-rate undervaluation as a tactic to boost exports, restrain imports, and support local economies..............................................Full Article: Source
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