Philip Patrick

You have markets responding positively and negatively, which is going to change the day to day.

But like you said, look at the structural moves.

Central Bank Gold Buying is not letting up.

The velocity is increasing.

They set another record for the third quarter of this year.

So, you know, first three quarters have been the biggest three quarters of a year for Central Bank Gold Buying.

ever in history.

Look at investment banks rapidly raising their predictions.

So nothing has changed.

Structurally, we are seeing a shift away from dollars towards gold.

That is continuing.

Like I said, nothing goes up in a straight line, not even gold.

But I would tell people not to be concerned, right?

Look at central banks upping predictions almost on a daily basis as prices go up.

people have to remember, yes, gold's high.

Everything's high, right?

Look at Besson's op-ed in the Wall Street Journal, what was it, two months ago, talking about how the Fed had created bubbles.

Markets are at all-time highs.

Housing at all-time highs.

Gold at all-time highs.