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Merk In the News: Bloomberg TV
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Portfolio manager Axel Merk tells Bloomberg TV there are absolutely no safe havens anywhere

"...‘Gold has had a very volatile ride and it reinforces the notion that there is absolutely no haven whatsoever. It's not in treasuries, it's not in the U.S. dollar, it's not in gold either. We are living in an increasingly unstable world. That volatility may persist and there may be headwinds for economic growth. The one place that hasn't been so volatile, by the way, is the stock market. To us, that is actually a warning flag that there may be a bubble in the stock market, so investors shouldn't feel safe there either.’..."

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