In the News: Bloomberg TV

Portfolio manager Axel Merk tells Bloomberg TV that central banks around the world may print money in 2012 in order to contain potential European contagion

"…sovereigns do not have access to credit[…]in our view, there will be panic around the world about a contagion from Europe because the sovereigns are having a difficult time[…]the Federal Reserve, Bank of England and Bank of Japan will all step on the printing presses to try to have that contagion contained…"