Money Flows Into Commodities Surpass 2006’s RecordPosted: November 21, 2009
If inflation expectations remain “contained” why is a record amount of money pouring into commodities this year? Indeed, nothing like a rapidly increasing global supply of paper currency to drive up the prices of hard assets.
“Barclays Capital’s figures showed strong inflows in October continuing into November with total money into commodities year-to-date already approaching a record $55 billion, displacing the previous record of $51 billion in 2006.”
Related link (from writejesse): Commodity reflation recap.