Gold price tanks 2% as Fed may be 'near the peak of its interest rate hikes' - Axel Merk
Kitco News, Released on 7/5/22
Axel Merk, CIO and Founder of Merk Investments, discusses the recent gold price fluctuations, and broader macroeconomic trends with David Lin, Anchor and Producer at Kitco News.
0:00 - Gold's selloff2:11 - The U.S. dollar3:44 - Gold and equities4:44 - Recession outlook10:40 - Fed policy and inflation13:08 - Fiscal policy18:00 - Labor market conditions23:56 - Stagflation ETF25:23 - Gold price forecast
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
Gold price tanks 2% as Fed may be 'near the peak of its interest rate hikes' - Axel Merk added by Herman James on 07/04/2022View all posts by Herman James ?+'