 Okay. Hi wall. How's it going? Good. Thanks Anthony very well. Good. Just a quick catch up Obviously a lot of people talking about gold at the moment and given the fact that you've been kind of invested both Physically and emotionally in gold for such a long period of time and be really good to hear what your thoughts are at these price levels Yeah, thank you mate. Well, listen first of all everyone that's done that an amplified program over the last couple years Has probably been bored to death with me talking about the reasons why Gold could be supported And it's really interesting to see how it playing out. Obviously. I didn't know that COVID would happen but what was going to be the case was that at some point there'd be another recession and As interest rates were already so incredibly low The only way that central banks could try and fight that recession was increasing money supply printing money As we've seen with the trillions of dollars that have been created But I think look gold's actually quite a simple beast to understand and if you look at the chart here You've got four main points over the last few years So we had the financial crisis of 2008 But we actually sold off from one thousand to about 750 Before the central bank response. So here's the central bank response Stocks higher gold through the roof The only thing that made gold move lower was the fact that interest rates in the US might start to tighten Okay So we had this huge rally higher based on this loose monetary policy And then when that started to get taken away and actually the first interest rate price 2015 You can see gold move from near 2000 back down to 1000 Obviously, you know a lot was going on during this period But nothing major until the COVID crisis and actually just like the financial crisis during COVID The first reaction was for gold to sell off from about 1650 to 1450 Which was definitely a heart in my mouth Time for gold positions and now we fired higher It's really interesting to look at what's happening because if you think about it the reason behind this push higher in 2009-2010 was loose monetary policy We have that on steroids now I think it's about the US was a total of under a trillion here wasn't it about 800 billion being printed or so now We have trillions being printed not just by the US, but not just by central banks, but also by governments So so yeah, I mean look gold gold's been gold supported and I'm really glad that this has come through It's been a really difficult hold for me as you know We've been talking about this for a couple of years But if you look at the main levels here and to look once we passed a thousand Can you see once we've got three that thousand level pop we went all the way up to about 1200 1,250 so there's a good there's a good 20% pop on that extension If you go to a shorter term chart for example, you can see just this morning, you know, we've moved from 1980 all the way down to test 1900 look how behavioral gold is Yeah on to the 1900 handle and I think for anyone touching this You know, it has to be more of a long-term play. We could go all the way back down to 1800 I mean we were only there two weeks ago. Yet this upward trend is still there This upward trend is still very valid if we're trading around 1800 But you can imagine a lot of people touching this just for the first time They're just not being able to to wear that $200 sell-off or actually in the grand scheme of things You know, this is this is what happens We we had it here. Can you see when we try to break, you know, 1200 for the first time we move lower Gold does oscillate around these levels before then firing higher Yeah, and it's an interesting time. There's so much out there supporting it Yeah medium term the only thing that we've got lower just to reiterate 2011 onwards was the taper tension which means interest rates starting to move higher in the US as you know, we've got the Fed tomorrow and I think the likelihood of the feds talking about interest rates going up in the near term is Zero So so gold can remain supported Cool good stuff. Well, thanks for your insight. Well, all right. Thanks