Glossary

ABC Consumer Confidence	ICSC Chain Store Sales YoY
ADP Employment Change	Import Price Index
Advance Retail Sales	Industrial Production
Bond Fund	Initial Jobless Claims
Budget Deficit	Investment Grade Security
Building Permits	ISM Manufacturing
Business Inventories	ISM Non-Manufacturing Composite
Capacity Utilization	Leading Indicators
Chicago Purchasing Manager	Maturity
Construction Spending MoM	Monetary Policy
Consumer Confidence	Money Market Instrument
Consumer Credit	NRSRO
Consumer Price Index	Secular Bear Market
Continuing Claims	Security
Current Account Balance	Stagflation
Current Account Deficit	Standard Deviation
Derivative Security	Trade Deficit
Deutsche Bank Currency Returns (DBCR) Index	Twin Deficits
Deutsche Bank Liquid Commodities (DBLCI) Index	MBA Mortgage Applications
Double Deficit	Monthly Budget Statement
Durable Goods Orders	Net Long-term TIC Flows
Durables Ex Transportation	New Home Sales
Duration	Nonfarm Payrolls
Empire Manufacturing	Nonfarm Productivity
ETFs	PCE Deflator (YoY)
Exchange Rate	Pending Home Sales MoM
Existing Home Sales	Personal Income
Factory Orders	Personal Spending
Federal Reserve Open Market Committee Meeting	Philadelphia Fed Report
Fed's Beige Book	Producer Price Index (MoM)
Fixed Income Security	Retail Sales Less Autos
FOMC Minutes	Total Net TIC Flows
Forward Contract	Total Vehicle Sales
Forward Currency Contract	Trade Balance
G-10	U. of Michigan Confidence
G-20	Unemployment Rate
GDP	Unit Labor Costs
Hard Currency	Wholesale Inventories
Housing Starts

Don't miss Axel Merk:

				Squawk Box Mar 16, 7:40am ET

				Bloomberg TV Mar 16, 12:00pm ET

				FoxBusiness TV Mar 16, 6:00pm ET With Neil Cavuto

More media appearances... >

Quick Links:
> How to Invest
> Merk Hard Currency Fund
> Merk Asian Currency Fund

Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by clicking here. Please read the prospectus carefully. Foreside Fund Service, LLC, distributor.