In the News: WSJ

Portfolio manager Axel Merk tells the WSJ the U.S. dollar is vulnerable as foreigners must finance the growing U.S. debt

"…

'The threat of the dollar declining,' Merk said, has investors questioning whether its current rally has staying power.

Once the euro zone falls off the radar, 'the dollar is going to be more vulnerable because of [U.S.] fiscal issues,' Merk said, citing the growing U.S. debt burden as reason for his pessimism. The U.S. debt-to-GDP ratio has officially ticked over the 100% threshold…"