Chris Olson

So there are laws for customs in every country.

So you're going to declare it, but it's in the majority of nations around the world,

importing pure gold is not going to be taxed.

They're going to allow it.

They're going to facilitate it.

So there aren't tariffs on gold?

Generally, no.

Well, every country has need of it.

Every population has demand for it.

So it's in the interest of nations to allow their populations or their governments or their corporations to be able to obtain it for the purposes they need it for without making it...

artificially expensive let the market determine the real value of it yes and so that's the purpose of gold and so that's why nations give it that favored treatment because it's a it's a form of money as it always has been you don't tax money that's crossing borders you don't put a tariff on euros or a tariff on dollars you want the money to be able to flow because it's good for trade and the same is true for gold and silver in most cases

Well, in general, retail investors buy gold, hedge funds, family offices are interested.

Absolutely.

Yeah.

I don't have much time for mainstream news.

There are many mainstream investors in gold.

Many very intelligent advisors are constantly advising for it and have been for a long time.

And I think it's always been kind of a standard trend.

piece of advice amongst wealth managers and advisors to have, say, 10% of your portfolio in gold.

That used to be a standard recommendation, just because it's always been understood to be a hedge against inflation and volatility.