Axel Merk – X, Released on 5/19/25

It doesn’t have to be this way. Tariffs treat the symptom, not the disease: chronic deficits, fiscal unsustainability, and overregulation. These deter long-term investment (think factories) and leave the U.S. reliant on foreign capital to fill the gap.

— Axel Merk (@AxelMerk) May 19, 2025

Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use of strategic currency investing to seek diversification. He is a speaker and author on topics ranging from the economy, gold, and currencies to sustainable wealth and personal finance, as well as a regular guest and contributor to the business media around the world. Mr. Merk is an Author of the book Sustainable Wealth: Achieve Financial Security in a Volatile World of Debt and Consumption.