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.

Merk says:

"There is a lack of strategic vision in many countries, which means we are throwing money around; much of it is wasted. The lack of strategic vision applies to fiscal as well as on the monetary side. There is increased volatility in the market because you turn on a dime when those in charge decide, "Well, this isn't working, let's try something else."

- Axel outlines how the topic du jour has shifted from yield curve inversion, 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:

https://www.merkfunds.com/stgf