03:35 Interestingly, major fiat currencies and gold are considered stores of values despite their price fluctuations and differing price trends. The price of gold appreciated relative to major currencies over the last 40 years due to inflation of consumer prices in fiat currencies. Consequently, fiat currencies depreciated against gold and many other real assets over the last 40 years. These examples emphasize that the price of a store of value in many cases is not and need not be stable. No on