The most recent Pimco
] economic outlook touts the firm's strategy of buying hard assets as an inflation hedge, and now
has named three funds to buy to follow Pimco into commodities.
They are ETF Securities
] Physical Precious Metal Basket Shares
] DB Agriculture Fund
("hands-down the most popular agricultural ETF in the world, says Seeking Alpha
), and Market Vectors Hard Assets Producers ETF
The story also has a quote from Josh Thimons
, PIMCO chairman, who says, "While we are not expecting
runaway inflation in the U.S. economy in the cyclical horizon, there
are longer-term inflationary risks associated with the Fed's extremely
accommodative monetary policy."
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