Peter Schiff

I disagree with that, but even if you accept that premise, gold is not in that hamper.

Gold is pristine.

It's not dirty at all.

that's where the central banks are moving.

They're moving away from US dollars and US treasuries to gold.

And there are political reasons they're doing that too.

It's not just purely economic, but that is how the pendulum is swinging.

And to the extent that central banks are going to hold a lot more gold in the future than they do now, without a big increase in supply of gold, the price of gold has to go up for that reason.

But as individuals and institutions,

start to realize that they also need to have exposure to gold.

That's going to increase the demand for gold.

No.

I mean, maybe a small number.

Like my clients have realized it.

Some with my help, some figured it out on their own and just sought me out as a place to buy gold.

I didn't have to convince them to buy it.

They already decided.

They just bought it from me because I gave them a good price or they trusted me.

But a lot of people own gold because I convinced them that they should buy it.

And then they bought it from me.