For independent investors who strongly pursue personal freedom and privacy, why is gold an attractive investment?
Announcer: For independent investors who strongly pursue personal freedom and privacy, why is gold such an attractive investment?
David Wiedemer: Gold is inherently hard to electronify. I mean, you can electronify stock, you can have...you can computerize stock certificates, land transactions, all these are easy. Gold is something that inherently you've got a coin. You hand it to someone else or you put it in the backyard or something. It's inherently a... something that's very, very hard for the government to monitor and that's why we started using gold 1,000's of years ago, because a very small piece of gold can have an enormous value. That's why people continue to use gold in many countries of the world, because they don't trust the government and here it's the same thing. If there are going to be issues with the trust of government, gold is a very good alternative for people.