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So it's amazing to me to watch countries spending, a bunch of countries, spending so much effort money on gold

at a moment where technology dominates the conversation and crypto and AI or the future.

And gold is the oldest and most primitive medium of exchange.

I mean, cultures have been using gold around the world,

every culture around the world for at least 6,000 years as a store of value.

And they still are.

Why?

Because it's worked.

Yeah. It is when things get spicy, gold has a 6,000-year track record.

And I think store of value, your point store of value is really critical, right? Because currency has medium exchange, unit of account, store of value.

Those are the three functions of money. And we have moved on from gold as a unit of account, store of value. Those are the three functions of money. And we have moved on

from gold as a unit of account. Our bank accounts aren't denominated in gold. We moved on from gold.

I'm not walking around with gold coins in my pocket. Unfortunately.

But it has always retained that store of value component of money and critically at the

highest levels of finance, the global central banks who are running our currency and monetary

system as much as we have moved away from gold in those other functions, as much as we've moved to fiat currency, as much as technology's developed, as much as we have moved away from gold in those other functions, as much as we've moved to

fiat currency, as much as technologies developed, as much as our economies have developed, they have

always continued to hold their gold. And in the last 10, 11 years, I think one of the big

origin stories of macroeconomics, as they have developed over the past 10 years has been the fact

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