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Here is your host, Dan Ferris.

Hello and welcome to the Stansberry Investor Hour. I'm your host, Dan Ferris. I'm also the

editor of Extreme Value, a monthly service published by Stansberry Research.

Really cool interview today, guys. It's my Stansberry colleague, Austin Root. And Austin has worked for these huge named people in the hedge fund industry. And now he works for us. And he's been here for several years. He's kind of under the radar. But we're going to learn a lot more about him and his work today. Very interesting stuff. Can't wait to get to it. But first, as usual, I have a few thoughts to share.

The first thing I want to share is my favorite Christmas present that I got. My wife gave me,

she knows me so well, she gave me this thing. It's the periodic table of elements,

but it's all in this glass thing, and it's got a little piece

of every element in the periodic table, including all the radioactive ones, and the gases are like

a little gas bubble inside a piece of resin. And it's got all of them, everything, gold, whatever, everything, helium, all of them.

And I just think it's the coolest thing in the world.

I own every substance known demand, you know?

It's really cool.

And it comes with this little certificate of authenticity so that you know, you know, they're certifying

legally, I think, that you own every element in the periodic table. Really cool. Anyway,

I just want to mention that because it's a lot of fun. And it's kind of a sort of like a learning

tool, I would guess, you know, just to have that nearby and refer to it now and then.

And we like learning tools around here.

All right.

So let's just talk a little bit about a couple of things before we talk with Austin Root today.

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