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Merk In the News: Wall Street Journal
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In an published article by Wall Street Journal entitled "Crunch Time for Sterling as Scotland Votes", Portfolio Manager Axel Merk still believes in the pound during Scotland independence vote.

"...said he has been buying the pound and will be 'buying on the way down' even if Scotland votes for independence, as it will likely recover over the long term. 'There is no central bank in Scotland, nothing to support a banking system, and until these institutions are built, all of that money will be sucked into the U.K. economy anyway,' Mr. Merk said....."