$COPPER - Copper is viewed as an attractive cyclical play on inflation with potential tailwinds in the near future.
$INFLBRK - Tracking inflation breakevens is crucial for identifying potential long-term inflationary pressures, especially if they rise while oil prices remain low.
$BILLS - Potential increase in liquidity through Fed bill purchases could be positive for the bills market, though distinct from full QE.
Bearish:
$USD - Central banks' increased gold purchases suggest a potential weakening of the dollar as they diversify away from it.
$HOUSING - The housing market may face downward pressure due to the need for lower long-term rates and increasing inventory.