Agreed, As governments all over the world are being forced to devalue their currency, commodities in limited supply with Real value will increase when priced in a debased currency. Obama laid out plans to increase exports by a huge amount. The Europen $1 Trillion bond repurchase & loan plan puts a dent in the plan. As this soveirgn debt crisis reaches the US there are three options for the government:

1. increase taxes (republicans would go crazy, lowers growth)

2. cut benefits (remember the Greece protests? Democrats are against, also lowers growth)

3. do both 1 & 2 without the public noticing while increasing value of risky assets (stocks), increasing growth, and getting banks healthier (Greece & Spain does't have this option). Downside is traveling to other coutries will be expensive.

Yes option 3 is keeping Fed rates at 0 much longer and buying back more bonds. So I think we're in the best market: production in Aussie (which has already raised rates) selling to China (under pressure to revalue Yuan & growing GDP) and India, already raised rates and will keep raising with their GDP growth at 8% last quarter:

http://www.marketresearchanalyst.com/wp-content/uploads/2008/01/india_gdp.jpg (wait wasn't 2008 supposed to be a world recession?)

http://www.ibtimes.com/articles/25932/20100531/gdp.htm

No surprice IFFCO seeks to increase production: http://www.moneycontrol.com/news/business/iffco-targets-25-growthsales-volumes_459258.html