"OECD Sees Real Demand Driving Commodity Prices A report being prepared for G20 leaders indicates the main factor behind rising prices for wheat, sugar, cotton, metals, oil and other commodities isn't speculators, as some have suggested, but that the global demand to consume these goods is growing faster than the supply..." No mention of Fed policy. Its old fashioned supply and demand. If you... [more]
"OECD Sees Real Demand Driving Commodity Prices
A report being prepared for G20 leaders indicates the main factor behind rising prices for wheat, sugar, cotton, metals, oil and other commodities isn't speculators, as some have suggested, but that the global demand to consume these goods is growing faster than the supply..."
No mention of Fed policy. Its old fashioned supply and demand. If you price "heat, sugar, cotton, metals, oil and other commodities" in Euros, yen, sterling or gold over the last year, they are up double and triple digits, nerds.
http://online.wsj.com/article/SB10001424052748704692904576166711336935554.html?mod=WSJ_hp_LEFTWhatsNewsCollection[less]
