years ago, the collapse of the U.S. dollar in the ascendancy of gold, gold being the world's reserve currency, all that kind of stuff. I'm talking about a reversion to mean. I'm talking about gold's market share going from 1 half of 1 percent to 2 percent. But if it does that, demand for precious metals and precious metals related securities goes somewhere between three and four times as high in the largest savings and investment market in the world. And ironically, I think if you saw gold at some number like $3,000 an ounce, that despite the fact that most of the price catch up that had to take place would have taken place, in other words, when the price goes up, the absolute attraction of gold is less. The psychological attraction to gold will be higher. It's a self-reinforcing cycle. Yeah, yeah. Of allocation. That's what happened in the 70s. You know, there was, at the beginning of the decade of the 70s, there was an amazing argument for gold because of negative real interest rates (31/45)