Friday, April 15, 2016

Axel Merk On Gold
The gold-backed exchange-traded marketplace continues to highlight unparalleled investor demand for the yellow metal... Merk says that expectations of real negative interest rates remains the biggest driver for gold prices. Not only will the Federal Reserve continue to be behind the inflation curve, but continued accommodative interest rates will further erode the U.S. dollar’s purchasing power over the long-term .. "The only solution policy makers have is to throw more money at the problem .. That is great for gold but terrible for the U.S. and global economy .. If you think there is a risk of a stronger correction in equities then you should do something about it. You can hold cash and hide it under your pillow, or you can invest in gold." .. 4 minutes

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