GoldSeek Radio Nugget -- Axel Merk on the Economy and Market Volatility

Founder of Merk Investments, Axel Merk comments rejoins the show with stellar analysis on the domestic economy and disconcerting geopolitical developments.

- Axel outlines how the topic du jour has shifted from yield curve inverstion, to dis-inversion.
- Excessive Fiscal spending could exacerbate the imminent recession.
- Have US rates peaked?
- Is the Fed's current policy impotent?
- Stagflation 1970's redux?
- Stagflation is a stubborn, multi-year quagmire.
- Merk Investments launched a Stagflation resistant fund: Merk Stagflation ETF:

(STGF) Daily Holdings as of 10/13/23:

Ticker Holding Name % of Net Assets
SCHP SCHWAB U.S. TIPS ETF 70.88%
DBO INVESCO DB OIL FUND 12.08%
OUNZ VANECK MERK GOLD 9.15%
VNQ VANG REAL ESTAT ETF 7.88%
USD US DOLLAR 0.00%

https://www.merkfunds.com/stgf