According to David Sheppard, reporter for Thomson Reuters, “Many market watchers said the Fed's program of bond purchases through June 30, known as quantitative easing or QE2, helped drive up commodity prices.” This happens because you are providing cheap money to investors who then placed it in very risky assets.”
Keith Springer, author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, and president and founder of Springer Financial Advisors based in Sacramento, California is one of those many market watchers. He tells Reuters that he believes that, "Commodities have been in direct correlation to quantitative easing."
To view more print and TV media interviews with Keith, visit http://www.KeithSpringer.com, email Keith@KeithSpringer.com or call (916) 925-8900. For up-to-the-minute market updates visit his blog http://www.KeithSpringer.info. In addition to his work as an expert financial advisor, Keith provides customized mortgages and consulting for homeowners. This information can be found at http://www.KeithSpringerLoans.com.
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About Springer Financial Advisors: Keith Springer is author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, a financial planner, a market technician, a financial writer, founder of Top Down Tactical™ and President and founder of Springer Financial Advisors in Sacramento CA, a SEC Registered Investment Advisor. He has developed a proprietary process for successfully building tax-efficient and retirement portfolios and has been providing specialty wealth management services for over 25 years.