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Home > About Us > In the News > October 15, 2010

In the News: Wall Street Journal

In a cover page analysis, the Wall Street Journal discusses portfolio manager Axel Merk's view that the Fed may be trying to devalue the dollar

WSJ headline: Fed Viewed as Trying to Devalue Dollar

"...

'The U.S is saying, 'These bad Brazilians, these bad Japanese,' ' for wanting their currencies to fall, said Axel Merk, chief investment officer at Merk Investments. 'But it's the U.S. that is actively working on engineering a cheaper dollar.'

..."

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