In the News: Reuters

Portfolio manager Axel Merk tells Reuters the Fed is emphasizing the growth mandate and gold should benefit

"…'They [the Fed] are emphasizing the growth mandate, and that means they don't care about inflation other than giving lip service to it,' said Axel Merk, chief investment officer at Merk Funds, which has $600 million in currency mutual-fund assets.

'The price of gold should do very well in the years to come,' Merk said…"