MODESTO THE MORNING AFTER LACEY DISAPPEARED. LAWYERS ON BOTH SIDES DOES -- DECIDED TO TALK AFTER THE HEARING TODAY. >>> NOT GETTING THE BUZZ THAT CRYPTO CURRENCY GETS OR EVEN AI, BUT GOLD, YES GOLD, HITTING NEW HIGHS, INVESTORS AND BUYERS AND SELLERS ARE TAKING NOTICE. VISITING PLAZA JEWELERS IN SAN JOSE, BUSINESSES ARE BOOMING, BECAUSE PEOPLE ARE CASHING IN GOLD COINS, JEWELRY OR WHATEVER GOAL THEY MAY HAVE LYING AROUND. EVEN COSCO HAS BEEN SELLING GOLD BARS LATELY, THE APPETITE IS FUELED LARGELY BY INVESTORS, WHAT IS TRADITIONALLY SEEN AS A SAFE INVESTMENT IN UNCERTAIN TIMES. IT TENDS TO DO WELL WHEN THE FEDERAL RESERVE IS EXPECTED TO CUT INTEREST RATES, BECAUSE IT IS SEEN AS A STABLE PLACE TO GROW MONEY. IS ALSO A PHYSICAL ASSET, UNTIL THE VALUE REACHES RECORD HIGHS. >> ESPECIALLY THE LAST THREE WEEKS, IT HAS JUMPED OUT SO HIGH. BECAUSE OF ALL OF THESE DIFFERENT ECONOMIC SITUATIONS THAT ARE GOING ON AROUND THE WORLD. SINGLED IN ESPECIALLY GOLD GOING ON TREMENDOUSLY. >> VERY INTERESTING. SCOTT, YOU LIKE TO TALK ABOUT BITCOIN AND AI, TURNING BACK THE CLOCK A BIT, DISCUSSING BUSINESS. >> IS BOOMING, A LOT OF PEOPLE UP AND INVESTING IN GOLD, REALLY PICKED UP OF THE LAST FEW MONTHS AND EVEN THE LAST FEW WEEKS, PEOPLE ARE LOOKING OUT, IT'S AN ELECTION YEAR, THEY'RE NOT SURE WHAT THE FEDERAL RESERVE WILL DO WITH INTEREST RATES AND THE ECONOMY IS CHAOTIC, PEOPLE GO TO A SAFE HAVEN AND BUYING GOLD LIKE NEVER BEFORE. >> WHAT IS HAPPENING WITH GOLD IN TERMS OF THAT. >> IT DOESN'T MOVE BY THOUSANDS OF DOLLARS A DAY LIKE THAT COIN, AND THE ACTUAL PHYSICAL ASSET, VERY DIFFERENT FROM BIT COIN, THAT IS CHAOTIC OR VOLATILE, SOMETHING THAT PEOPLE GET WHEN THEY WANT STABILITY. >> WE KNOW A LOT ABOUT THE GOLD RUSH YEAR, ABOUT THE HISTORY, WHAT IS THE FUTURE OF GOLD, SIX MONTHS OR ONE YEAR? FIGURE HARD TO SAY, VERY STABLE BUT IT MOVES WHEN THINGS GET CHAOTIC. WHEN WE SEE A BUNCH OF INTEREST RATE CUTS PEOPLE WILL SAY YES, IT IS NOT AS MUCH, MY SAVINGS ACCOUNT, I WILL PUT MONEY IN GOLD WORK WILL BE SAFE. IF WE SEE ECONOMIC TURMOIL OR EVEN WAR, THEY GET WORRIED ABOUT WHAT'S COMING UP NEXT, IF DONALD TRUMP GETS REELECTED, I AM BUYING GOLD BECAUSE IT IS A SAFE HAVEN BECAUSE THINGS ARE LIKELY TO BE CHAOTIC. ALL SORTS OF REASONS THAT PEOPLE OWN GOLD, A STABLE BUT NOT TERRIBLY SEXY INVESTMENT, WHICH IS ONE OF THE REASON PEOPLE
