 Dave Mazda, how you doing? Doing well. Thanks for having me back. Absolutely. Well, listen, this is, you know, we know we've had free stimulus bills. Now the new bill that the administration is coming down, you know, it looks that if we get, I suspect somehow we're going to have some kind of a rise in capital gains. And so what I'd like you to explain to the folks, because this gets really interesting, what happens, folks, with ETF structures inside a portfolio, they are much more efficient than a mutual fund. Okay? And can you just explain that a little, Dave? Because it's really intriguing, you know, years ago, I mean, I know mutual funds, the industry, and I know direction has plenty of mutual funds, too. I'm not, but the ETF structure seems that if in fact we do get a raise in capital gains, it's a much more efficient structure as to when people are going to be paying or not paying capital gains. Yeah, exactly. So to your point, it's probably a good assumption, whatever that number is, that taxes are going higher on the capital gains side. The ETF structure itself has an embedded tax benefit in it relative to the mutual fund structure. And so why is that the case? Whether we're talking about actively managed mutual funds or even an indexed mutual fund, when a money comes into the portfolio, it comes in via cash, the portfolio manager needs to either again buy the index and the weights that they're in, or go buy, pick the stocks or bonds if they like. Conversely, when money leaves, they have to deliver that in cash, so they got to sell those securities. The ETF vehicle is different than that. What they use is what's called in-kind creation redemption. Seems complicated, but it's not. All that simply means is that the manager of ETF, so in this case direction, we publish a list of securities that's in the portfolio on a daily basis. If money wants to move into an ETF, those shares are delivered to us in-kind by a market maker, so we don't actually have to do the buying. But better yet, when there's a redemption, if money's moving out of one fund, moving into another like we see all the time with our leverage and inverse ETFs, we actually don't have to sell those securities either. So you can deliver those in-kind out of the portfolio to the market maker who then handles the selling. Much more beneficial from a tax standpoint. So especially, this has been picked up a little bit in the media that, again, for broad-based asset allocation that people might be doing, ETFs for the buy-and-hold side, it's going to make a lot of sense on the taxes. But even, again, trading ETFs, obviously, incurs maybe your own capital gains, but the structure itself won't necessarily kick one out to you like it might be in a mutual fund. I know. Well, listen, man, we appreciate the education because I think, as you just said, what has happened, folks, is this. It's really not out there yet what the structure is. And I know our clients build plenty of portfolios using your ETF structures. So going forward, and this is what you want to really understand, folks, is pretty cool. I know there's plenty of folks that have been building it right now, but think of that as you're going forward, that you can build your own mutual fund through these ETF structures. We go sector to sector. You know, inside of those funds, Dave, which is so much more efficient that I think we'll see a lot more policy about it in the months to come, but we like being ahead of the curve. Yeah, exactly. What's really interesting, again, this is for all ETFs, all equity ETFs, so not just leverage and inverse. I'm talking one beta is the whole thing. 2021 has seen more flows into ETFs than the entirety of 2020. To your point, folks who are paying attention, like those tuning in today, already familiar with ETFs are a step ahead of the curve here. And we're starting to see it really in a material way, even pandemic aside, the ETF vehicle continues to be favored relative to mutual funds. Yeah, and I can see that accelerating. And I mean, it's going to be really interesting watching this whole thing shake out. But the bottom line is that, folks, you want to keep more of your money. That's what it really comes down to. So the metal market, we haven't had the metal market roaring like we have, and now we got some action. Let's talk metals, man. Yeah, no, it's a great point. You know, in the intro here, I heard you talking about what's going on with gold, what's going on with silver. And yeah, I think the strength of the dollar, what was happening in the rates market, probably holding back metals. Now you have copper getting involved, too. So this whole idea and part of it is related to what we're hearing in Washington about all this spending, which is probably beneficial. We need infrastructure spending here, whether it's on the tech side or fixing roads and bridges, not a political statement. But if you're going to spend all that money, there's concern that inflation might come down.