Merk Investments has launched the Merk Hard Currency Fund, which will allocate assets over wide spectrum of high-quality, short-term money market instruments of countries perusing sound monetary policy, thereby hedging its U.S. investors' money  against depreciation of the dollar.

"Because global imbalances are the greatest in history--as evidenced by the U.S. current account deficit--and administration monetary policies have been and are likely to remain consistent, the dollar is positioned to continue its decline relative to the Euro and other hard currencies," said Merk President Alex Merk.

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