Portfolio manager Axel Merk tells the WSJ when inflation picks up, the Fed may not be able to raise rates fast enough
"…'The folks buying gold, including us, don't believe [the Fed will] be able to raise rates that fast. We continue to have so much leverage in the economy that the moment they tighten, they will undo 'all the good they've done',' said Axel Merk, who manages $600 million at Merk Investments LLC…"