Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Axel Merk, President and CIO of Merk Investments, who says a recession will hit the U.S. next year and could be worse than markets anticipate. Merk gives his outlook on what he expects the U.S. Federal Reserve to do, his projections on how gold and gold miners will perform during a severe economic slowdown, and discusses how he is positioning his investment portfolio.
00:00 – Intro
01:14 – Inflation
04:38 – The Fed doesn’t have a strategy
15:07 – Recession outlook
26:57 – Portfolio allocation: gold, miners
Follow Michelle Makori on X (formerly Twitter): @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on X (formerly Twitter): @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Axel Merk on X (formerly Twitter): @AxelMerk (https://twitter.com/AxelMerk)
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets – visit us at https://www.kitco.com
To get market updates on the go, download the Kitco Gold Live! APP – https://applications.kitco.com
Stay connected:
Twitter – https://twitter.com/kitconewsnow
Instagram – https://www.instagram.com/kitconews
Facebook – https://www.facebook.com/KitcoNews
LinkedIn – https://www.linkedin.com/company/kitconews
StockTwits – https://stocktwits.com/kitconews
Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/
Learn more about Kitco News: https://www.kitco.com/news/about/
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News.
source