Portfolio Manager Axel Merk tells WRKO Radio gold should benefit from the unsustainable deficits in the U.S.
"…it is less of a question of 'if it [gold] will go up,' but what is the risk of certain scenarios unfolding…buying gold is about the next crisis, it's not about what is happening in the eurozone, it's not even about the fiscal cliff at the end of the year, but it is about the unsustainable deficits in the U.S. and about the willingness in the U.S. to take the easy way out [by printing money]..."