Axel G Merk's Contributions

Axel Merk: Stocks Are In Bubble Territory – Central Banks Have Compressed Risk Premiums

Jul 24 – Jim welcomes back Axel Merk, President and Chief Investment Officer of Merk Investments LLC. Axel and Jim discuss the stock market, where Axel sees a “buy the dips” mentality. He believes the market is reaching bubble territory, as...

Axel Merk: The Biggest Risk for the Fed Is Economic Growth

Apr 24 – Jim welcomes back Axel Merk, President and Chief Investment Officer of Merk Investments LLC. Axel and Jim cover an array of economic issues, including the Fed’s dilemma of economic growth creating higher interest rates...

Whatever It Takes 2.0?

If you are convincingly irrational the market may expect extreme measures and front run your bluff. It’s in this spirit that ECB President Draghi is threatening the market with another bazooka. We discuss implications for investors.

Foolish Investment Ideas

With April Fools’ Day behind us, it’s time to get serious about investing. Don’t be fooled by this week’s non-farm payroll report; nor by the assertion that the U.S. may have the cleanest of the dirty shirts. And certainly don’t be fooled into thinking the market has your interests in mind…

Fishing for Gold?

If interest rates are supposed to be on the rise, why has the price of gold gone up so much this year? Is it merely because it is bouncing back after a sharp decline in 2013? We have a closer look at the link between gold and interest rates to gauge how investors may want to approach the bait provided by the Fed.

The Dollar’s Long Term Decline

The cleanest of the dirty shirts doesn’t necessarily preserve your purchasing power. Sure, the U.S. dollar has beaten the Russian Ruble and some others of late, but when it comes to real competition, the U.S. dollar has taken a back seat.

Axel Merk: The Fed Can’t Get Back to Normal – US Can’t Afford Higher Interest Rates

Mar 6 – Jim welcomes back Axel Merk, Founder and Portfolio Manager at Merk Investments LLC. Axel sees the biggest threat to the markets as a “successful” monetary policy that leads to growth, but also higher interest rates. He contends...

2014 Dollar, Currency & Gold Outlook

Rarely has the future been so clear. Really? A lot of money has been lost jumping on the bandwagon. Let’s do a common sense check on the greenback to gauge where risks might be lurking and where there might be profit opportunities for investors.

Axel Merk: US More Able to “Kick the Can Down the Road” Than Any Other Country

Dec 18 – Jim welcomes back Axel Merk, Founder and President of Merk Investments LLC and the author of “Sustainable Wealth: Achieve Financial Security in a Volatile World of Debt and Consumption”. Axel believes the US is better positioned than...

Yellen to the Rescue?

While Democrats and Republicans fight with water pistols, the President may be readying a bazooka by nominating Janet Yellen to succeed Ben Bernanke as Fed Chair. You may want to hold on to your wallet; let me explain.

Axel Merk: The Bond Market Will Ultimately Impose Reform on Policy Makers

Oct 2 – Jim welcomes back Axel Merk, Founder, and Portfolio Manager at Merk Investments LLC. Axel and Jim discuss some relevant topics, including that money, is currently flowing into some regions of the Eurozone....

The Most Predictable Economic Crisis?

Forget about a government shutdown. The quibbling over concessions to keep the government funded distracts from what might be the most predictable economic crisis. We have problems that may affect everything from the value of the U.S. dollar to investors’ savings, but also to national security.

Emerging Markets: Stop Crying, Grow Up!

Bailouts appear to be the established substitute for sustainable policy. In that spirit, Brazil last week announced a $60 billion program to shore up its currency. India has been introducing capital controls.

Axel Merk: Treasuries No Longer the Place to Hide

Jul 2 – Jim welcomes Axel Merk, Founder and Portfolio Manager at Merk Investments LLC. Axel discusses the Fed’s confusion on an exit strategy, given the recent market volatility, especially in the bond market. The markets are telling the Fed that it’s...

Rising Dollar Myth

Year-to-date, the U.S. dollar is up; does that mean we are in a rising dollar environment? Or is it an opportunity to diversify out of the greenback?

Axel Merk: The Downside of Currency Wars

Apr 3 – Jim welcomes back Axel Merk, founder and portfolio manager at Merk Investments LLC. This week Axel discusses some of the downside of currency wars, including a loss of competitiveness in domestic economies, growing social unrest...

Japan: Monetary Madness in Times of Unsustainable Deficits?

Unsustainable debt. Depression-era fiscal policy. Monetary madness. Welcome to Japan. You may not live or invest in Japan, but your investments may well be affected by what is unfolding in the Land of the Rising Sun. Be prepared.

Buy or Sell the Euro? Chaos Investing Unplugged

When we called the euro the potential “rock star of 2013”, we knew it might be a rocky ride. Are we underestimating the incompetence of policy makers? The Europe that is shaping up is much like the old Europe, with implications for the dollar, the euro, and investors’ portfolios.

How Low Will the Yen Go: Depression-Era Policies?

When we asked last November whether the yen is doomed, it was before current Prime Minister Shinzo Abe was elected. We have since answered the question in the affirmative. But to understand why we believe the yen might be worthless one day, we look at Japan’s challenges from different angles.

Buyer’s Remorse at the Fed: Investor Implications

A couple trillion dollars ago the Federal Reserve (Fed) decided quantitative easing (QE) is what the U.S. economy needed. Now, as an increasing number of Federal Reserve Open Market Committee (FOMC) members caution about the dangers of QE, are we seeing a classic case of buyer’s remorse?