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Merk In the News: Bloomberg
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Portfolio Manager Axel Merk tells Bloomberg's Tom Keene Japanese money-pumping could mean worthess yen

"...'Our price target for the yen is infinity, meaning we think the yen is going to be worthless down the road,' Merk, president and founder of the Mountain View, California-based company, said today in an interview on Bloomberg Radio's 'Surveillance' with Tom Keene and Michael McKee. 'They're going to try to pump as much money into the economy as possible and at some point they're going to break their own neck with that.'..."