Axel Merk

U.S. Dollar and Euro – Review and Outlook

With so many global dynamics playing out, and the world’s financial markets fixated on the political process (or lack thereof) in the Eurozone, driving market sentiment around the world, it may be a good time to take a deep breath, take a look back at where we’ve come from, and assess the likely implications going forward.

Operation Twist a Primer for QE3?

Is Operation Twist a failure? The stock market plunged in disappointment when it was announced.

Liquidity Crisis? A Currency Perspective

In 2008, the global financial system faced a potential meltdown when funding seized up for investment banks, ultimately leading...

Merk Commentary: Merk sells Euro to buy Australian Dollar

We sold over U.S. $90 million worth of euros late Thursday to re-allocate to the Australian dollar.

Much Ado About Debt: Dollar vs. Euro

A key reason for recent market turmoil may be the long overdue untangling of important debt-driven interdependencies between the...

Merk Commentary: Budget Battles Ahead

Now that President Obama has signed a bill raising the ceiling, I am motivated to write once again. Standard...

Merk Commentary: Don’t Shoot the Messenger

Don't shoot the messenger. The downgrade of U.S. government debt by S&P is the result of policies pursued over...