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Speaker 1: I want to talk about gold and oil, okay, because

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Speaker 1: this is something that is very, very relevant to the

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Speaker 1: times that we're in right now. So first let's start

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Speaker 1: with gold. Right, Is this the time to buy gold?

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Speaker 1: Because you said gold is in the band market, we

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Speaker 1: see it drop twenty percent since its all time hot,

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Speaker 1: even though it went up pretty crazy, so it had

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Speaker 1: to come down eventually. But you know, ideas that money

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Speaker 1: might be flowing back into higher interest rate vehicles and

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Speaker 1: gold might be a little less attractive. So is this

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Speaker 1: the time to buy gold?

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Speaker 2: Last year or towards the tail end of last year,

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Speaker 2: everyone was gold crazy, and I don't understand because of

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Speaker 2: this war why people may not love gold. And if

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Speaker 2: we're talking about commodities, it's the commodity that probably outside

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Speaker 2: of orter matters the most. So I think with this

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Speaker 2: drop it does present a great time to be able

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Speaker 2: to buy. Normally, in stock club, I give three prices,

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Speaker 2: but for the audience tonight, I think I was supposed

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Speaker 2: to give a price last week and I did, so

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Speaker 2: let me make a fourth this week. For God, write

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Speaker 2: this down. The lowd to boat price is three hundred

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Speaker 2: and thirty one dollars and sixty one cent I'll repeat

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Speaker 2: it again. Low to boat is three thirty one sixty one,

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Speaker 2: and then a second entry is three hundred and ninety

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Speaker 2: one dollars and thirty six cent, So the swing trade

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Speaker 2: price is three ninety one thirty six If if gold

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Speaker 2: is incredibly valuable, right and if it has this tremendous tear,

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Speaker 2: and you can also make the argument, if inflation is

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Speaker 2: going to continue to pace the way that it has,

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Speaker 2: why would you get off the train now? Because of

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Speaker 2: the war it win. Gold would be more valuable as

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Speaker 2: a result from a commodity perspective, and it's been valuable

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Speaker 2: for thousands of years. So I think this is a

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Speaker 2: little bit of an overcorrection. Is there's some money swinging

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Speaker 2: into different asset classes, for sure, But I always say

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Speaker 2: sector rotation is not for us. It's for hedge funds

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Speaker 2: and fund of funds that are selling clients for that

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Speaker 2: quarter or for that year. That's why you'll go like

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Speaker 2: it's interesting. They'll say they're putting money in that fund,

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Speaker 2: but didn't tell the public that you can short the

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Speaker 2: private credit market. Be careful of sector rotations. Buy quality

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Speaker 2: commodities and quality stocks that are gonna be good for

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Speaker 2: a long period of time, and gold is definitely one

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Speaker 2: of them.

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Speaker 1: And I will say this too, there's nobody that's doing

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Speaker 1: that as far as giving you actual prices that you

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Speaker 1: can actually look at and see if it hits that

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Speaker 1: price that you could potentially buy it. You know, that

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Speaker 1: was just the preview what they're doing red pandemic, but

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Speaker 1: that was you know, gold, we'll go up over the

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Speaker 1: course of the next ten years. That we know based

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Speaker 1: off of if six thousand years of any historical data

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Speaker 1: has anything to do with it, we know that goes

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Speaker 1: up over the course of time. So once again, I

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Speaker 1: ain't gold at the right price holding it for a

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Speaker 1: long periods of time as a pathway to get rich.

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Speaker 1: It's right.

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Speaker 3: The question I would ask myself, has the narrative change

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Speaker 3: is gold at heads against inflation?

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Speaker 1: Right?

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Speaker 3: Some of the fear last week when the FED meeting

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Speaker 3: happened with power was like, okay, we're not talking about

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Speaker 3: potentially lowering rates. Maybe this is a story that interest

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Speaker 3: rates kid increased, right, and then that was set off inflation. So,

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Speaker 3: I mean gold has always acted as that. I don't

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Speaker 3: see the story changing it. Has it gone into a

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Speaker 3: beer market? Yeah, but this is what we look for

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Speaker 3: and this is when we're talking about okay, here's a

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Speaker 3: time where we can now invest.

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Speaker 1: This is the opportunity