Tuesday, July 31, 2012

DailyMarkets.com - Commodities Rise On QE3 Hopes But Gains Likely To Be Short-Lived

DailyMarkets.com - Commodities Rise On QE3 Hopes But Gains Likely To Be Short-Lived


Commodities Rise On QE3 Hopes But Gains Likely To Be Short-Lived

Posted: 31 Jul 2012 05:58 AM PDT

Talking Points

Crude Oil, Copper Rise as Risk Appetite Swells on Fed Stimulus Hopes
Gold and Silver Rise as QE3 Speculation Feeds Inflation-Hedge Demand

Commodities are on the upswing as the Federal Reserve begins a two-day policy meeting amid hopes policymakers will announce additional stimulus measures. The move higher may prove short-lived however, with Ben Bernanke and company likely to disappoint with the familiar yarn about the availability of QE3 in the event that it is necessary all … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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