Axel Merk, Founder and CEO of Merk Investments, declares that we are in the "single greatest margin expansion opportunity for the mining sector in a generation" in this exclusive interview with Kitco News Anchor Jeremy Szafron. Merk, whose firm has over $2.9 billion in assets , dives deep into the historic breakout in gold and silver, arguing that the Federal Reserve’s policy of "foaming the markets" will continue to fuel the rally in hard assets.
He also makes a significant call, naming former Fed Governor Kevin Warsh as the ideal candidate for the next Fed Chair to "reform the Fed in earnest". Merk gives his outlook on the juniors, the majors, and explains why he believes "institutional participation is still modest", providing a major catalyst for the sector. Finally, he unpacks the historical parallels to the 1929 market crash, providing a unique context on the policies of Presidents Coolidge and Hoover that every investor needs to hear.
(Interview Recorded: September 22, 2025)
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0:00 – Intro: Miners Surge 50%, Silver Hits 14-Year High
1:07 – Axel Merk: Our Assets Under Management Have Doubled in 12 Months
1:40 – Is Silver’s Supply Deficit Finally Breaking the Paper Market?
4:47 – Bitcoin vs. Gold: How Sophisticated Capital is Assessing Risk
6:07 – The Fed is Openly Divided: What It Means for The Path Forward
8:00 – EXCLUSIVE: Axel Merk Names His Pick for Next Fed Chair
11:51 – France’s Fiscal Woes: Is The Euro At Risk?
15:30 – DEEP DIVE: "The Greatest Miner Margin Expansion in a Generation"
17:18 – Counter: Will Inflation Eat Away Miner Profits?
19:15 – Majors vs. Juniors: Where Is The Best Risk-Reward Now?
21:26 – Barrick’s "Game-Changer" & The Importance of Safe Jurisdictions
23:25 – Counter: Are The Majors Shrinking By Default?
25:05 – Why The "Big Money" Institutions Are Still on The Sidelines
28:20 – Fiscal Endgame: U.S. Paralysis vs. Europe’s Proactive Stimulus
31:05 – The Real 1929 Parallel That Everyone Is Missing
36:35 – FINAL CALL: Has The Definition of "Value" Changed?
38:10 – Where to Find Overlooked Opportunities Now
#gold #silver #investing #axelmerk #federalreserve
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