RUSH TRANSCRIPT Here of ░░░░░░░░ 9 8 at the ░░░░░░░░ Well from Yellowstone to ░░░░░░░░ yellow medal gold hitting ░░░░░░░░ record high today Right ░░░░░░░░ it stands at 2 ░░░░░░░░ a Troy ounce It ░░░░░░░░ climbed 10 over the ░░░░░░░░ two months and countdown ░░░░░░░░ says you know what ░░░░░░░░ to recommend an etf ░░░░░░░░ s a precious medal ░░░░░░░░ and cio Michael lanceburg ░░░░░░░░ haven t had a ░░░░░░░░ to pay a lot ░░░░░░░░ attention to gold prices ░░░░░░░░ wow to see where ░░░░░░░░ are now compared to ░░░░░░░░ they had been It ░░░░░░░░ like a meltup doesn ░░░░░░░░ it Mike snell a ░░░░░░░░ bit I think what ░░░░░░░░ happened is it s ░░░░░░░░ stealth bull market It ░░░░░░░░ not up siting and ░░░░░░░░ t go up 8 ░░░░░░░░ like a Paramount in ░░░░░░░░ gay and grinds higher ░░░░░░░░ does and gold hasn ░░░░░░░░ been inflation play as ░░░░░░░░ as dis inflakes play ░░░░░░░░ that s why disinflation ░░░░░░░░ and we started looking ░░░░░░░░ it because we thought ░░░░░░░░ was under control Liz ░░░░░░░░ seems counter factual and ░░░░░░░░ ve always looked at ░░░░░░░░ as inflation hedge but ░░░░░░░░ is continuing to come ░░░░░░░░ Can you just explain ░░░░░░░░ in that atmosphere we ░░░░░░░░ seeing gold rise Well ░░░░░░░░ think part of it ░░░░░░░░ the slower growth environment ░░░░░░░░ think we re entering ░░░░░░░░ environment I think we ░░░░░░░░ had 14 in a ░░░░░░░░ isms that have been ░░░░░░░░ natural rights approach and ░░░░░░░░ re in a slowing ░░░░░░░░ environment and gold has ░░░░░░░░ tendency to do well ░░░░░░░░ the environment Liz you ░░░░░░░░ united healthcare r j ░░░░░░░░ and beverages and why ░░░░░░░░ names Some are obviously ░░░░░░░░ orient asked then united ░░░░░░░░ is an insurer Yeah ░░░░░░░░ of it is Liz ░░░░░░░░ to find a name ░░░░░░░░ hasn t moved up ░░░░░░░░ much Obviously we like ░░░░░░░░ of the bigger tack ░░░░░░░░ some other things but ░░░░░░░░ s tough to come ░░░░░░░░ and say let s ░░░░░░░░ something that s up ░░░░░░░░ already We re trying ░░░░░░░░ find things that hasn ░░░░░░░░ had the big moves ░░░░░░░░ one out of every ░░░░░░░░ Americans is using their ░░░░░░░░ Great dividend and earnings ░░░░░░░░ and we like 25 ░░░░░░░░ Monster is a interesting ░░░░░░░░ Great distribution network and ░░░░░░░░ all the Coca Cola ░░░░░░░░ and those are areas ░░░░░░░░ like that haven t ░░░░░░░░ the big moves already ░░░░░░░░ you re not having ░░░░░░░░ stock double or more ░░░░░░░░ that