Axel Merk: Laying the Groundwork for More QE
Presidential election will lead to a lower dollar, whatever the outcome
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Jim welcomes back Axel Merk, founder of Merk Investments LLC and author of Sustainable Wealth: Achieve Financial Security in a Volatile World of Debt and Consumption. Axel sees a lower US dollar after the presidential election, no matter the outcome, which will lead to higher gold prices. He sees the Fed laying the groundwork for more Quantitative Easing. The only question is the timing. Axel also believes there is no such thing as a safe asset any longer in our volatile world.