Merk Investments close to launch redeemable gold ETF -filing

... is under the SEC's quiet period prior to the launch. Merk Investments, founded by Axel Merk, now runs several mutual funds that invest in currencies and gold whose value tends to rise the U.S. dollar drops. The Merk Gold Trust will offer investors ...

http://www.reuters.com/article/2013/04/09/gold-etf-merk-idUSL2N0CW20P20130409?feedType=RSS&feedName=financialsSector