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Gold and miners perform well compared to tech in current environment, Axel Merk notes

Gold and miners perform well compared to tech in current environment, Axel Merk notes
Gold mining competes with tech

Axel Merk shared insights on gold and gold miners amid current market conditions during a discussion with Bloomberg TV’s Carol Massar and Tim Stenovec.

He also addressed how mining is competing favorably with technology investments in today’s environment.

Merk has previously argued for a shift back to the corridor system, highlighting resistance to Federal Reserve balance sheet reduction in a recent analysis. He has also questioned confidence in labor market decline forecasts, as experts face challenges predicting payroll trends, according to his recent commentary. These earlier views offer context to his current remarks on gold and technology investments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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