In the News:
Associated Press

Associated Press quotes portfolio manager Axel Merk in "Dollar's fall may put assets at risk".

" 'If you want to take over companies or ... expand, it makes it harder," said Axel Merk, of the Merk Hard Currency Fund, adding that U.S. assets become less expensive targets. 'You can't defend yourself. Your currency is worth less in an international arena and we're in a globalized world. You're going to be up for sale.' "