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Gold price tanks 2% as Fed may be 'near the peak of its interest rate hikes' - Axel Merk

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Axel Merk, CIO and Founder of Merk Investments, discusses the recent gold price fluctuations, and broader macroeconomic trends with David Lin, Anchor and Producer at Kitco News.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Axel Merk on Twitter: @AxelMerk (https://twitter.com/AxelMerk)

0:00 - Gold's selloff
2:11 - The U.S. dollar
3:44 - Gold and equities
4:44 - Recession outlook
10:40 - Fed policy and inflation
13:08 - Fiscal policy
18:00 - Labour market conditions
23:56 - Stagflation ETF
25:23 - Gold price forecast

#gold #inflation #biden
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