Axel Merk: Major Mining Overhaul in the U.S.? Biden Admin Wants to Slap Royalties on Gold & Copper Mines (Part 2/2)

Kitco News, Released on 9/15/23

For Part 1 of this interview, CLICK HERE

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Axel Merk, President and CIO of Merk Investments, who discusses the Biden administration’s major mining revamp plan that would force companies to pay royalties for gold and copper extracted from federal lands. Merk outlines what’s at stake and how likely it is to be passed by Congress. He also discusses the mining sector and weighs in on geopolitics, China, and the likelihood of a BRICS gold-backed currency.

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.

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