Podcasts about merk funds

Tom Bodrovics welcomes back Axel Merk, CEO of Merk Investments, who manages investments worth $1.2 billion in gold and related assets. They discuss the ASA closed-end fund, which invests in precious metals mining, processing, or exploration companies, and is unique due to its longer-term focus compared to ETFs. Merk took over management in 2019 and transformed it into an investment vehicle for junior mining companies. This fund helps small development and exploration firms by providing capital during funding rounds and increasing their share prices, making them more attractive to larger investors. Merk also talks about the potential impact of the Federal Reserve's monetary policies on gold mining and equities during economic downturns or periods of easing financial conditions. He shares his past predictions for a possible recession in 2023 but acknowledges recessions are unpredictable. Merk believes that gold miners provide value over the long term, despite risks, and stresses the importance of risk assessment. Axel discusses Saba Capital Management's ongoing attempts to gain control over ASA Gold and Precious Metals Limited. If successful, this could negatively impact the mining industry due to potential cost-cutting measures or changes to the fund's mandate. Despite expressing support for ASA as a fund manager, Axel encourages constructive dialogue between all parties. Axel highlights ASA's unique features that make it difficult for activists like Saba to achieve their goals easily. The future implications include continued engagement with Saba or potential liquidation if they gain control, and the importance of shareholder votes in the outcome. Investors are encouraged to stay informed and vote in proxy contests. Time Stamp References:0:00 - Introduction0:38 - ASA Closed End Fund3:42 - Funding for Juniors10:43 - The Monetary Environment15:26 - Fed & Distorted Data17:57 - Recent Moves in Gold20:50 - Closed Vs. Open Funds25:08 - Strategic Investments26:42 - ASA Board Concerns32:16 - SABA Contested Proxy35:10 - A Call to Shareholders37:30 - Friday Apr 26 Vote41:06 - Future for the Fund?44:33 - Wrap Up Guest Links:Twitter: https://twitter.com/AxelMerkWebsite: https://www.merkinvestments.com/Blog Post: https://www.merkinvestments.com/insights-and-reports/2024-03-18Website: https://asaltd.comLinkedIn: https://www.linkedin.com/in/axelmerk/detail/recent-activity/Amazon Book: https://tinyurl.com/4ebpcaew Axel Merk is the President and Chief Investment Officer of Merk Investments, manager of the Merk Funds. Founder of the firm bearing his name, Merk is an expert on macro trends. He is a sought-after speaker, contributor, and author; Axel Merk's book, Sustainable Wealth, describes how the greater economic universe works, how it might affect your finances, and how to manage those finances to seek financial stability. Axel Merk holds a B.A. in Economics (magna cum laude) and an M.Sc. in Computer Science from Brown University. Axel Merk founded Merk Investments in Switzerland in 1994; in 2001, he relocated the business to California. He has grown Merk Investments into an investment advisory firm offering investment funds and advisory services on liquid global markets, including domestic and international equities, fixed income, commodities, and currencies. Axel lives in the San Francisco Bay Area with his wife and their four children. Furthermore, he is a marathon runner and a private pilot.

Axel Merk, president and chief investment officer of the Merk Funds and Merk Investments, says that "higher for longer is not a strategy," which means that the Federal Reserve is setting up investors for a longer-lasting fallout than investors expect now. As a result, Merk says that the downside risk of the market right now is much greater than the upside potential now. Jeff Bishop of Raging Bull and Bullseye Trades sees the market as taking a small setback before the start of a Santa Claus rally that carries into the New Year, portending a strong year ahead for the market in 2024. Plus, Mike Taggart, closed-end fund specialist at Aberdeen, says that discounts in closed-end funds are "overplayed," and that investors who focus instead on income will likely be happier with the long-term outcome from their investments, and Patrick Healey, president of Caliber Financial Partners, talks stocks in the Market Call.

Axel Merk who is president and chief investment officer of the Merk Funds and Merk Investments, says that while there are signs that the economy is improving, we're 'not out of the woods yet,' and the Federal Reserve 'can't declare victory.' Still, he thinks the central bank will get into wait-and-see mode after two more interest-rate hikes, noting that there may not be a trend reversal this year but that just stopping the hikes should be seen by investors as a good sign. Also on the show, Julie Ramhold, consumer analyst at DealNews.com, tells Chuck -- and you -- how to get a better bargain, or at least a better fit, if you are shopping for gym memberships now that the busy holiday period has ended and, in the Market Call, Mike Cerasoli, portfolio manager for the TrueShares Eagle Global Renewable Energy Income ETF gives his take on the energy market now.

Tom welcomes back Axel Merk to the show. Axel is the President and CIO of Merk Investments. Axel discusses the correlations between real rates and gold. Gold is supposed to be an inflation hedge, but people get frustrated when it doesn't immediately respond to inflation predictions. Consumers are seeing the problems in their wallet at the gas pump. Real rates are useful for predicting the markets. The Fed tells us what they want, but they don't explain how they plan to achieve their goals. Central banks often can't see the future because they rely on an idiotic backward looking framework. The Fed cares about bond markets. They aren't concerned about commodity prices. Ultimately, their goal is to keep the banks in business. The Fed is focused on demand, but doesn't know how to handle supply shocks. The political reaction to supply shocks is to provide additional stimulus or price controls, which exacerbate the problem. Instead, they should encourage additional production, and that won't be fixed by taxing and bashing companies. We're going to see volatile periods as people believe issues have been addressed only to see problems return in waves. Axel discusses how gold is the clear benchmark for measuring currencies. The Fed is petrified of a loss of market confidence; therefore they have to talk and possibly act tough. We're in an environment where many things are out of balance. Tech companies have stopped hiring, but other sectors can't get skilled labor. Ultimately, labor shortages are inflationary. Geopolitically, things seems to be fragmenting fairly rapidly. We could see a decline in security of the oceans and further conflict break out, which would also be inflationary. National interests globally are becoming quite complex. The ECB is the only effective agency in Europe, and they are focused on green energy but don't appear concerned with inflation. The dollar index is very biased toward the Euro. There are huge problems with energy policy in Europe, and now they are realizing that nuclear may be the only sustainable solution for the environment. Time Stamp References:0:00 - Introduction0:30 - Gold & Real Rates7:00 - The Fed Message12:40 - Price Controls15:10 - Gold & Money Supply16:00 - Currencies & Gold17:00 - Gold Miners & Gold19:30 - Gold & CFTC Chart21:00 - Fed Pivot Catalysts?23:30 - Mortgage Rates25:30 - Peak Inflation?28:50 - Fed is Reactionary30:00 - Recession & Jobs35:30 - Geopolitical Factors40:10 - ECB Situation42:35 - Dollar Strength45:30 - Merk Fund47:30 - Wrap Up Talking Points From This Episode The correlations between real rates and gold.The Fed is unable to handle supply shocks and governments provide the wrong solutions.Globally, politics and diplomacy is becoming increasingly complex.European Union problems around energy and problems around green energy. Guest Links:Twitter: https://twitter.com/AxelMerkWebsite: https://www.merkinvestments.com/LinkedIn: https://www.linkedin.com/in/axelmerk/detail/recent-activity/Amazon Book: https://tinyurl.com/4ebpcaew Axel Merk is the President and Chief Investment Officer of Merk Investments, manager of the Merk Funds. Founder of the firm bearing his name, Merk is an expert on macro trends. He is a sought-after speaker, contributor, and author; Axel Merk's book, Sustainable Wealth, describes how the greater economic universe works, how it might affect your finances, and how to manage those finances to seek financial stability. Axel Merk holds a B.A. in Economics (magna cum laude) and an M.Sc. in Computer Science from Brown University. Axel Merk founded Merk Investments in Switzerland in 1994; in 2001, he relocated the business to California. He has grown Merk Investments into an investment advisory firm offering investment funds and advisory services on liquid global markets, including domestic and international equities, fixed income, commodities, and currencies.

Axel Merk, president and chief investment officer at Merk Funds and Merk Investments, says investors need to be cautious about accepting current market risks and keep an eye on their sleep factor "because whatever [investment] thesis you have, it will be tested." Merk notes that he is hesitant facing today's economic conditions because there are still a lot of possible outcomes based on anticipated action from the Federal Reserve and the stock market's response to the news. Also on the show, Charles Rotbut of AAII Journal discusses the group's latest update to its sentiment survey -- Kule Guske, investment analyst for New Constructs, talks about three stocks with misleading earning that could hit shareholders soon, and Michael Sincere is here to discuss the updated versions of his books, "Understanding Stocks" and "How to Profit in the Stock Market."

Axel Merk, founder and president at Merk Investments and the Merk Funds, says he is currently underweight equities because of concerns of everything that could go wrong in the short run. He's watching interest rates, inflation, the pandemic, international and domestic politics and more and while he says long-term investors can rideo ut these concerns, anyone who needs to access their money in the next two years should be concerned. Also on the show, Tom Lydon of ETFTrends.com makes a fund putting a different twist on a 'Dogs of the Dow' strategy his 'ETF of the Week,' Kate Hao, chief executive at Happy Mango discusses the fallout from Bank of America's announcement that it will join other large institutions in eliminating overdraft fees and the impact these changes will have on banking and, more broadly, society, and Chuck discusses how to deal with the five economic and financial conditions that have been mentioned the most by experts giving their outlooks for 2022.

Tom welcomes Axel Merk to the show. Axel is the President and CIO of Merk Investments. Axel discusses the ECB's recent press conference and Christine Lagarde's comments. The ECB adjusts its mandate in whatever direction they desire so long as it's in the interest of the European Union. There has been a tiny uptick in credit spreads and this caused them to print further while discussing tapering. The pandemic has caused distortions due to stimulus and caused parts of the economy to slow or shut down. Bankers are calling inflation transitory and clearly, some sort of support was necessary. Much of the liquidity generated has been mopped up with other central bank programs like reverse repos. In order to get inflation in earnest, you need to get spending through direct stimulus. He's concerned about banks becoming involved with digital currencies because that could provide them with additional control mechanisms. There may be problems generated with the mid-terms in the U.S. however additional infrastructure spending seems very likely. He explains how their funds manage over a billion in precious metals and mining companies. They take these positions to mitigate potential economic risks. The closest historical comparison to today seems to be the roaring 1920s which will all know ended badly. Gold price will adjust after an equity sell off and the policy reaction to a deflationary shock is good for precious metals. Gold is quite likely to maintain its value compared with most investments. The best investment you can make is in yourself. You are a fixed income generating machine and you can control your work skills. Invest in your own health and resilience. Use this time to be less dependent on the existing system. Time Stamp References:0:00 - Introduction0:38 - ECB Press Conference6:14 - Business Cycle8:47 - Stimulating Velocity10:35 - C.B. Digital Currencies15:32 - Fed Rate Hikes?21:22 - US Mid-Terms and Biden22:48 - Economic Recovery?25:08 - Doomsday Scenario27:11 - Outlook for gold31:18 - Gold & Equity Selloff33:02 - Deflationary Shocks34:40 - Banking Regulations36:56 - Building Resilience39:40 - Wrap Up Talking Points From This Episode ECB and Central Bank PoliciesStimulus, full employment, rates, and tapering.The economic recovery and mitigating risk.Building resilience and building independence. Guest Links:Twitter: https://twitter.com/AxelMerkWebsite: https://www.merkinvestments.com/LinkedIn: https://www.linkedin.com/in/axelmerk/detail/recent-activity/Amazon Book: https://tinyurl.com/4ebpcaew Axel Merk is the President and Chief Investment Officer of Merk Investments, manager of the Merk Funds. Founder of the firm bearing his name, Merk is an expert on macro trends. He is a sought-after speaker, contributor, and author; Axel Merk's book, Sustainable Wealth, describes how the greater economic universe works, how it might affect your finances, and how to manage those finances to seek financial stability. Axel Merk holds a B.A. in Economics (magna cum laude) and an M.Sc. in Computer Science from Brown University. Axel Merk founded Merk Investments in Switzerland in 1994; in 2001, he relocated the business to California. He has grown Merk Investments into an investment advisory firm offering investment funds and advisory services on liquid global markets, including domestic and international equities, fixed income, commodities, and currencies. He lives in the San Francisco Bay Area with his wife and their four children. He is a marathon runner and a private pilot.

Barry Ritholtz of Ritholtz Wealth Management -- one of the nation's leading financial planners -- and Axel Merk of the Merk Funds agree that forecasts tend to be misleading, meaningless, overplayed but mostly wrong. In separate interviews, they talk about why they're not in favor of making predictions, but then cover wide stretches of ground, with Merk discussing the market for equities, gold and more, while Ritholtz discusses the importance of being able to ride out the trouble spots and the twists and drops that happen between now and when some long-term market projection comes true, noting that investors might have entered 2020 expecting low double-digit returns but many didn't get them because they couldn't stand the market's steep decline in February and March. Also on the show, Tom Lydon of ETFTrends.com discusses a dividend-investing strategy that he says can be an income replacement or supplement in a portfolio.

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stock edge higher after a see-saw session with tech names including Apple hitting record highs. The Nasdaq continued its record winning streak finishing the day at an all time high. Negotiations continue in Washington on a new coronavirus rescue package for the economy. Corelogic forecasts lower real estate prices in the year ahead. The price of gold closes at a record high above $2000 an ounce, settling at $2021 an ounce. The dollar slipped overseas and government bond yields moved lower. The record shattering day for gold, the markets, the economy and real estate discussed with guests including Axel Merk, President and Chief Investment Officer of Merk Investments, manager of the Merk Funds including the VanEck Merk Gold Trust OUNZ  https://www.merkinvestments.com/ Ben Stein, Economist, Financial Commentator, Author. Dr. Frank Nothaft, Chief Economist, Corelogic and Jeff Lazerson, President, Mortgage Grader and OC Register real estate columnist.       Support the show: https://www.frankmottek.com See omnystudio.com/policies/listener for privacy information.

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Precious metals prices take on a new shine with gold settling at $1843.90/oz, highest since 2011 and silver closed at $21.56/oz, the highest price since 2014. This after the European Union signed off on a nearly $1T coronavirus rescue package for the European economy while the U.S. congress discusses another rescue package which could total at least another $1T. Stocks ended the day mixed. Analysis of the markets and the economy from Axel Merk, currency expert, President, Chief Investment Officer of Merk Investments, manager of the Merk Funds including OUNZ Van Eck Merk Gold ETF www.merkfunds.com The latest on Los Angeles area real estate and rental activity discussed with Curt Northrup, Real Estate Agent, Douglas Elliman in Beverly Hills https://curtnorthrup.elliman.com/ and Dr. Frank Nothaft, Chief Economist, Corelogic www.corelogic.com/     Support the show: https://www.frankmottek.com See omnystudio.com/policies/listener for privacy information.

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: A new gold rush is on as gold hits the highest price in 9 years above $1,800 an ounce and it edges closer to its all time high hit in September 2011. Stocks stage a late rally after a choppy session with the Nasdaq ending at a record high, up 149 to 10,492. The Dow reversed early losses and closed with a gain of 177 points. More tough news on main street with coronavirus cases hitting new daily highs and the national death toll rising to nearly 132,000. 200 year old clothing store chain Brooks Brothers among the latest retailers filing for bankruptcy. Analysis on the economy and the outlook on gold discussed with Axel Merk, President, Chief Investment Officer of Merk Investments, manager of the Merk Funds https://www.merkinvestments.com/ and Peter Schiff, President, EuroPacific Capital https://europacificfunds.com/   Support the show: https://www.frankmottek.com

Mottek On Money Special Edition Special Edition - Covering Wall Street and Main Street: Stocks take the biggest one day tumble in a couple of weeks on an alarming rise in coronavirus cases. New York, New Jersey and Connecticut announced visitors from states (not including California at this point) with high infection rates of coronavirus will be required to quarantine themselves for 14 days when they visit the tri-state region. Meanwhile, California reported more than 7,100 new cases, an all time high. The IMF slashed its global economic forecasts for 2020. The Dow came in for a closing loss of 710 points. The Nasdaq retreated 222 points from a record high. Gold touched an eight year high just shy of $1,800 an ounce. Market analysis from Art Hogan, Chief Market Strategist, National Securities and Axel Merk, President, Chief Investment Officer, Merk Investments, manager of the Merk Funds https://www.merkinvestments.com/about-us/team/axel-merk.php Support the show: https://www.frankmottek.com

Axel Merk, president and chief investment officer for the Merk Funds,says that with market volatility and uncertainty picking up, investors should focus on their process and should stick with their plan rather than jumping around chasing either additional returns or greater safety right now. He notes that investors whose process is not working right now are the ones who are  are so nervous that they can't sleep soundly; he recommends adding gold and diversifying portfolios to improve the sleep factor. Also on the show, author and technical analyst Michael Sincere says he thinks the market is 'in real trouble right now,' noting that he would not be surprised if it retests March lows because 'it went up too far too fast' only to see the uptrend stall out this week. Michael Spactacco of Bancroft Capital says that changes to the way closed-end funds are issued makes new offerings attractive right out of the box, and Charlie Bobrinskoy of Ariel Investments talks value investing in the Market Call.

Michael Mullaney, director of global markets research at Boston Partners says that while there are some warning signs clearly visible -- and wildcards like trade wars and Brexit that could cause further deterioration -- investors should stay fully invested for as long as the economy continues showing growth and companies keep on reporting profits. He suggests that investors side with stocks that have 'high-quality characteristics' as a way to hedge against a weakening market. Also on the show, John Kosar of Asbury Research gave a technical outlook that wasn't nearly as positive, noting that the market is overextended and that if the major indexes break through support levels, investors might want to take better control of their risks. Axel Merk of the Merk Funds and the ASA Gold and Precious Metals closed-end fund discusses the difference for investors between using traditional funds and the closed-end structure for exposure to precious metals, and George Young of the Villere Funds talks stocks in the Market Call.

Axel Merk, president and chief investment officer at the Merk Funds, recently took over the ASA Gold and Precious Metals closed-end fund, and he talks about what convinced him to mak the move, the differences between traditional funds and closed-end funds for investors seeking precious-metals exposure, and how the closed-end space -- which traditionally has not been filled with lots of options for investors -- is changing in its coverage of precious metals now.

Axel Merk, president and chief investment officer at the Merk Funds, says the market is telling investors that everything is fine, and that  he sees that being true, noting that investors should expect an upside surprise more than trouble over the next few months.  Also on the show, Jeff Ptak of Morningstar explains changes announced Tuesday to the firm’s mutual fund analyst ratings, Steven Cress of Seeking Alpha brings a quantitative approach to the Market Call and we revisit a recent interview with Jake Falcon and Joseph Klein from Hightower Advisors. 

In a day filled with talk about the market, Axel Merk of the Merk Funds said the market is getting late in its current cycle and that it is likely to have a tougher tmie making gains going forward. He suggested that investors rebalance their portfolios to lock in gains and reposition themselves for the tougher sledding to come. Before that, however, Matt Harris of HighTower Wealth Management noted that the market's technical signals are suggesting that a slowdown is coming, but he said the catalyst for real trouble is not yet visible. And Avi Gilburt of Elliot Wave Trader said he expects the Standard & Poor's 500 to test recent resistance levels of 2,600 and to go as low as 2,200 if it breaks through, yet he is also forecasting a snap-back rally that will take the index to 3,200 -- and as high as 4,100 -- by 2022-23. Also, Chuck discusses the 10-year anniversary of the start of the bull market and what it means for investors.

This week features a wonderful interview with Axel Merk of Merk Investments and the Merk Funds. Axel describes why he believes the “buy the dip” mentality has overtaken mainstream financial advisors, warns about the danger of buying into conventional wisdom and also chimes in on gold and the potential rise of rise haven assets.       

Axel Merk, President & Chief Investment Officer of Merk Investments & manager of the Merk Funds, joins us this week. Axel speaks on investor complacency, risk of putting too much money into risk assets & on the proper weighting of metals in your portfolio.       

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds. Information contained herein may discuss Fund holdings. In addition, this podcast may reference individual securities that may or may not currently be held by the Fund. Visit www.merkfunds.com to view important information about the Funds, including their holdings. The views in these podcasts were those of the Fund's manager as of each podcast's publication date and may be subject to change.

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds ...

Portfolio manager Axel Merk gives an update on the economy and the Merk Funds ...