John Stepek

Yeah.

I mean, it does make sense.

And even in a gut feeling, like five feels like, well, look, if the world does end and five's not going to save you from much, but 10 is enough.

It's real insurance.

Because to me, when you said 20 there, I kind of winced internally slightly because I thought, no, 20 is too much because in normal terms, everything else is going up and gold is kind of sitting there.

So, I mean, 10 to me feels kind of certainly in the ballpark of being correct.

Anyway, on the plus side, if you had had 20 in your portfolio when gold went over 5,000, you got a lot less now because we're back down below 4,300, right?

Yeah.

Yep, exactly.

Thank goodness for that.

Phew.

So what's going on?

What's going on there?

We're always telling people to have some gold in their portfolios insurance.

We were thrilled when it went over $5,000.

Are we looking at it now and going, this is a healthy correction.

All this money you've lost everybody, that's a good thing.

Yeah, I mean, look, to be honest, yes, I think that this is, I think this is not a good thing.

And to be fair, I remember as we both were getting quite twitchy at the start of the year, and I think we'd sort of mentioned maybe take some profits.

But I do, because I have been looking at it, I have been thinking, oh, well, look, is this it?