DAVID GAROFALO | From Gold Royalty Corp.

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It it does and and important from a decarbonization standpoint. It also has some properties that you know, deal with, you know, cleansing of water, cleaning of water, for example, sanitation. So it does have a lot more industrial utility than than gold does. Gold is more of a monetary instrument, but that being said, silver tends to trade in tandem with gold. There’s a relationship, a correlation over the long run. Typically there’s a, a relationship in terms of the gold, the silver price ratio in a bull market for precious metals. It tends to narrow to say 40 to one between the gold and silver price in terms of the ratio between them in, in a more bearish market it might widen to 80 to one.

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