Fed Fueling Commodity Hyperinflation?
By Kristina Zurla Landgraf • Mar 19th, 2009 • Category: Broker Commentary, Market UpdatesTreasuries, stocks and commodities from soybeans to silver staged big breakouts after the Federal Reserve announced plans to buy $300 billion in Treasuries and $750 billion in mortgage-backed securities. April gold futures surged above $950 an ounce and crude oil rallied above $50 a barrel. MF Global Research Analyst Nick Kalivas said the Fed’s actions [...]
