Coleman Church
๐ค SpeakerAppearances Over Time
Podcast Appearances
I don't know.
I really don't.
I don't want to speculate.
I mean, I like to speculate, but I don't want to speculate on that.
Not sure.
There's talk about revaluing the gold as well.
What does that mean?
That means if you automatically revalue our gold reserves to market, we automatically have a higher effective capital base that should make us more credit worthy, for lack of a better term.
I have no idea.
That's weird though, right?
It is.
Yeah, especially when every other metric in the economy, we have cost of living adjustments based on the CPI basket.
I don't know.
I would say there's two components in the emerging markets trading business.
There's the trading thereof in sort of the big money centers like Hong Kong, London, and New York.
And then there's the domestic stuff that happens.
Now, I could say in terms of chicanery, there's a clear 80 BC line at the global financial crisis on how we conducted business across the street in all products, pre-GFC, post-GFC.
And all I can say is it was a lot more fun pre-GFC.
Was it fun?
It was a lot of fun.