12.08.2011 - Agriculture ETFs: A good way to play inflation and a dad growing season
In the last week the ECB has announced QE programs such as the aggressive buying of Spanish and Italian bonds (in order to drive the yields of those bonds down) and the resumption of the long-term loan facility. With lower bond yields, Spain and Italy may be able to manage their way out of their current financial problems given time. This plan has merit. Shortly after the ECB announcement, the U.S. Fed announced plans to extend low Fed interest rates until at least 2013. All of the above actions are inflationary..............................................Full Article: Source
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