 Our guest today says gold has proven to be a safe haven for investors, but with all the craziness going on, should the metal be trading higher? Joining us now is John Doody. He's the founder of Goldstock Analyst. John, good to have you on the show. Long time no speak. Great to be back with you, Danny. So much has happened since we last spoke in February, I want to say, and you know, gold's had a good run here. Still one of the best performing assets this year. Are you happy with what you're seeing, John? Yeah, you know, it's not going up like a rocket, which is good, because when it goes up like a rocket, it can fall back down like a rocket. It's a steady gain and it's basically due to the falling U.S. dollar. The U.S. dollar index peaked at 102 back in October ahead of the election. And since the election, the dollar index has fallen and gold has risen. So I think that, you know, they're like at opposite ends of the spectrum. When gold does well, the dollar doesn't. And often it's because the dollar is not doing well. Now, John, you say you're happy that you're seeing gold just, you know, not take off like a rocket here, but a lot of investors I speak to are so frustrated and they want to see that scenario like we saw when gold hit 1900. Well, we've got a ways to go to that. And I think that that was an overshoot. We had too many speculators in the party and drove the price too high. And it proved to be unstable at that price. So I think if we climb our way higher, we're using $1,400 as our forecast for next year. And I think that a steady progression higher is exactly what the metal needs. The good thing is almost every miner can make money at $1,300. So it's good to see companies reestablishing dividends or raising dividends and the things that investors need. We don't need to be gold to be a speculation. We need it to be a good investment. So what are you liking on the mining side? What companies are you eyeing right now? Well, you know, we have a top 10. And we suggest that everybody should make their own portfolio of our top stocks. And the reason for that is when you have a 10-stock portfolio, you can diversify among sectors of the market. We like the royalty companies. We like the growth goals. We like some of the development companies. We don't follow the explorers because they really don't have any data to analyze. And they're more lottery ticket. But we're up 30% so far this year for the top 10. And you like the royalty companies? I'm sorry? You like the royalties. Oh, we love the royalties. So getting back to gold here, you know, some would suggest that Bitcoin and these new cryptocurrencies may be stealing the metal standard. Do you see them as a new safe haven? No, I don't because the prices are too volatile. And there's really the two subject to issues that hacking and other issues that we don't even know about yet. And I can see that it's been a good speculation for some people. But I would be very worried when something can be manufactured essentially out of thin air or by a certain amount of electricity run through a computer. It's not really making anything that's got value. At least gold ounces we know have energy and in terms of power and mining effort and labor. You just don't make an ounce of gold out of thin air. And that gives it an underlying value pin that, you know, gold didn't go below four digits when the last fall of the market. And that was because it takes too much money to get gold out of the ground. All right, John Doody, Gold Stock Analyst, thanks so much for joining us today. Okay, glad to be on. And thanks for watching this edition of KITCO's Gold Report. We'll be back next week.