But I'll tell you, What's actually going to happen long term? They've got to raise interest rates long term. You know, short term, it's an election year and you've got the political cycle, and there's going to be a propensity to try to lower rates right now to stimulate the economy. But long term, this is just economics 101. You've got the inflationary pressures from unrelenting printing of money, from supply chain disruptions, ultimately globally. I'm not just talking about the United States, talking about globally. Central banks are going to have to start raising interest rates to slow down that inflation, which is why Japan has been raising their rates because they've had decades of mismanagement, zero interest rate policy. The inflationary pressures are so high right there that now the yen carry trade is over, which we've discussed a lot over the last couple of years. But these inflationary pressures, Alex, are not going to end just because Iran may or may not be over any time. And so expect rising interest rates down the road, which is actually going to kill the bond markets.

Since then, central bank gold holdings has become the number one held reserve asset on the planet.

And ultimately, I believe, as central banks around the world are allocating into gold, we see this with the story that we released earlier this week with London, the London vault running out of gold. It's all coming to New York. Because they want to beat the Trump tariffs.

When he got in eight years ago, because there's all these deliberate policies that put a wet blanket on it, because again, the big central banks have unlimited currency that they loan to everybody and then get interest on, and then when you default, or countries default, or companies default, they get the infrastructure for nothing. So that's why they want a controlled incremental collapse for vertical integration.

When he got in eight years ago, because there's all these deliberate policies that put a wet blanket on it, because again, the big central banks have unlimited currency that they loan to everybody and then get interest on, and then when you default, or countries default, or companies default, they get the infrastructure for nothing. So that's why they want a controlled incremental collapse for vertical integration.

They want to bankrupt the world to bring in their new ESG, cashless society, central bank digital currencies in their own admissions. So they're central banks that have unlimited money. How do they get the rest of the economy they don't have? They crash it. That's how they vertically integrate it.

Central banks will not give you loans or money if you don't sign on to the ESG, Global Corporate Social Credit Score.