Kyle Risdell

Of course it's heavy.

What came first, the gold mine or the jewelry store?

The jewelry store came first.

You decided you need some raw materials?

Is that what happened?

No, not exactly.

To make a very long story short, Todd read an article about somebody panning for gold up in the Angeles National Forest.

1979, the era of double-digit inflation and 18% interest rates, which, as it happens, pushed the price of gold up as well.

And you were hooked.

And I was hooked.

After years of panning and prospecting as a hobbyist, Todd went and bought an old gold mine, and he got it up and running again, too.

When you use gold that you've gotten out of your own mind, do you get a price break?

Do you have to pay for the gold you get out of your own mind?

There must come times when it's not economically feasible for you to pull gold out of the ground, right?

Absolutely.

I don't know what it is today.

You probably checked this morning, first thing you got up.

What's the price of gold today?

Yeah, yeah, yeah.

You have gold as your capital stock for this business, right?