00:00...incredible tariff stories that do and don't make impact on markets, but I'll start with the...
00:05...line we just had there from Vincent Mortier talking about gold. Gold doing well again today. Silver...
00:10...really volatile yesterday and incredibly volatile once again today, now up by 8%.
00:15As I look at my screen this morning, your latest thoughts on precious metals and how long this runs.
00:20Well, I thought it was interesting that quote. He said he got in two and a half years ago, which I think...
00:25...would put gold below $2,000. So he's up 150% in that trade. So no wonder he thinks it's...
00:30...good. And I think that gets to the point here is that the move into gold and silver has been...
00:35...entirely logical over the last couple of years. You know, my... I'm not saying I've been a big push...
00:40...but I tend to kind of stay away from the precious metals to my regret, but my team has been pushing it quite a great...
00:45...for the last couple of years. And that's my one concern is that that has been such a long...
00:50...abish trend that everyone is very much involved in it. It doesn't mean that it's suddenly vulnerable, but...
00:55It means there's probably less juice in the upside, and it means it is probably...
00:59...we're getting to that more...
01:00...in a volatile stage. So look, it's still fundamentally logical. People want to diversify away from the dollar. They're not...
01:05...great field alternatives. So precious metals is a clear home with the price action right now.
01:10If you haven't been in for the last two and a half years, like a Monday, I'm not sure this is the time to suddenly get involved...
01:15...not exactly.
01:16Mark, morning. It's Guy. It's Everyday Taco Tuesday now.
01:20Mark, morning.
01:22Mark, morning.
01:23Mark, morning.
01:25Mark, morning.
01:39Mark, morning.
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