Ryan

It's just less hollowing of manufacturing in the U.S.

I mean, we're talking about Triffin dilemma even last week, right?

So you sort of need a weaker dollar and you need dollars to be less of the world export and to weaken in terms of reserve currency power if you're going to reverse the effects of the Triffin dilemma and start to bring manufacturing back to the U.S.

So it's kind of part of the plan.

Yeah.

I mean, in a way, if you do these things in kind of parallel, right, it just seems to be an intentional economic strategy, which is the market's realizing this.

And the market is, I think...

Overall, aside from the gold bugs you mentioned, which are a minority, most people, most U.S.

investors, most people don't have a lot of gold in their portfolio.

And I think there's like an, oh shit, we better get some gold in our portfolio.

And it's kind of a catch up that's happening right now.

Speaking of catch up, David, Tether.

Tether now holds 140 tons of gold.

This is worth about $23 billion.

The CEO, Paolo of Tether, says he aims to allocate 10% to 15% of Tether's total treasury to physical gold inside of their investment portfolio.

And they hold all of this gold in a Cold War Swiss nuclear facility.

bunker, okay?

This is the value of Tether Gold Holdings.

It's going up in dollar terms.

But this is a share of their overall reserves, which are going up.