Peter Schiff

And if a ship sunk 500 years ago in the ocean,

And you can salvage that ship today.

If there was gold in it, it looks exactly the way it looked when the ship sank.

Everything else is gone.

So the physical properties of it are enduring.

But they're not just enduring.

They are important and valuable because they're needed in all sorts of industries, right?

And so when you are storing gold, the gold that you're storing can be used in the future, not just by a jeweler who would want it to make jewelry, but...

To use in aerospace, in consumer electronics, in medicine.

There are all sorts of things where you actually need gold.

There are industrial applications for gold.

Right.

And there are more uses for gold now than there's ever been.

And in fact, we're developing new uses all the time.

So as we advance as a civilization, we come up with more ways that we can utilize gold.

gold.

And so when you're storing that gold and you are holding it for somebody to use in the future, that's why it's a store of value.

But even just look, just even here, I have a gold bracelet that I'm wearing.

I mean, just having a jeweler, I have a gold watch, right?

I wear gold when I know I'm going to talk about gold.