In the News: AdvisorOne

At the Morningstar ETF Invest Conference, Axel Merk says he likes gold as an inflation hedge.

AdvisorOne writes: "…Axel Merk, meanwhile, likes gold as an inflation hedge—while acknowledging its volatility.[…] 'It’s the purest indicator of the monetary madness that’s out there,' Merk says. 'The rise of gold correlates ... with central bank easing around the globe. Gold by all means should do well, but we realize that it’s volatile.'