How Will President Trump Fare For Gold? Axel Merk Comments

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CCFPress Press Manager United States 1420 Posts	Posted 01/20/2017 12:03 pm With the Presidential Inauguration and the official commencement of Donald Trump's four-year term, many investors are wondering how gold will fare. Axel Merk, the chief executive officer of Merk Investments, explained that immediately following the election, people had priced in higher real growth. "Now that he settles in, people will see the world more in shades of grey," Merk told Kitco News, adding this will bode well for the yellow metal. He added that the market is pricing in a very hawkish Fed, but Merk is not convinced. "Yes, we will have higher rates but I think there will be higher nominal rates," he explained. He added that he is still long-term bullish gold, "Many gold investors go away when the charts don't look good, but in the long run, I like my gold." HOvjJjA3F6A Report this Post to the Staff

ikeyPikey Rest in Peace United States 233 Posts	Posted 01/20/2017 2:41 pm Quote: ... but in the long run, I like my gold ... Q/ Did he ever not like his gold? Cheers, /s/ ikeyPikey Report this Post to the Staff
terry8835 Pillar of the Community United States 1450 Posts	Posted 01/20/2017 4:41 pm In the long run we are all dead. Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 01/20/2017 5:33 pm As soon as I see who this post is from I immediately start hearing a Peanuts parental voice babbling ...blah blahha blau blah... Report this Post to the Staff
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How Will President Trump Fare For Gold? Axel Merk Comments | Kitco News