Axel Merk of Merk Investments joins me to discuss why he's watching developments in China and with the coronavirus so closely and how it may affect the global economy and the financial markets. Axel also offers some very good advice about the importance of understanding why it is that you own gold and the danger of letting short-term dynamics affect your long-term investment strategy.
Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ranging from the economy, gold, and currencies to sustainable wealth and personal finance, as well as a regular guest and contributor to the business media around the world. Mr. Merk is an Author of the book Sustainable Wealth: Achieve Financial Security in a Volatile World of Debt and Consumption.