There's definitely a lot of money laundering and fraud risk within the gold market. From our perspective, we give them the blank slate to begin with. You go through identity, you go through a bank account check, and if you don't pass that, too bad. We're not going to be able to take them as a customer.

I've seen everything from a guy on WhatsApp that you can message and sell gold to that says, "I don't do 1099s, I don't do ID verification," to a reputable person who runs a company, but maybe doesn't have as big of an operation as you, and maybe does do an ID check, but might not do 1099s, all the way to you are trying to do this as by the book as possible.