Axel Merk from Merk Investments tells Silver Doctors that he expects the Fed to hike interest rates later this year. Here’s why…
Merk says the Fed is still in an easing mode. This is not justified with such low unemployment. Raising rates is what’s ahead, he says.
Merk sees a risk of inflation in the future. We are in the late stages of an economic cycle. Higher inflation is common in the late stages.
When looking at investments, Merk says the most important thing is to have a strategy. Gold is the “easiest,” while not necessarily the “best,” diversifier because it has no correlation with the stock market.
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.