1 00:00:00,080 --> 00:00:02,840 Speaker 1: Hi, this is newt Gold has broken several record highs 2 00:00:02,840 --> 00:00:05,280 Speaker 1: this year and Legacy Precious Medals of the company I 3 00:00:05,360 --> 00:00:08,840 Speaker 1: personally invest with. Together, we created the official contract with 4 00:00:08,880 --> 00:00:12,440 Speaker 1: America Silver Coin that commemorates our historic House victory in 5 00:00:12,480 --> 00:00:15,800 Speaker 1: nineteen ninety four. Supplies are limited and this commemorative coin 6 00:00:16,160 --> 00:00:19,599 Speaker 1: will sell out. Go to Legacypminvestments dot com or call 7 00:00:19,680 --> 00:00:22,440 Speaker 1: them at age sixty six four eight four four oh 8 00:00:22,480 --> 00:00:24,920 Speaker 1: four three d eight yours today. Tell them I sent you, 9 00:00:24,960 --> 00:00:27,479 Speaker 1: and they'll send you a free contract with America Coin 10 00:00:27,640 --> 00:00:37,440 Speaker 1: on all qualified IRA rollovers on this episode of News 11 00:00:37,479 --> 00:00:42,120 Speaker 1: World Washington, d C. The mainstream media and federal government 12 00:00:42,120 --> 00:00:45,199 Speaker 1: employees across the United States have been buzzing about the 13 00:00:45,240 --> 00:00:50,199 Speaker 1: Department of Government Efficiency, or DOGE as it's known. Doze's 14 00:00:50,240 --> 00:00:53,559 Speaker 1: goal is to cut wasteful and excess expending in the 15 00:00:53,600 --> 00:00:58,120 Speaker 1: federal government and save US taxpayers money. But Elon Musk's 16 00:00:58,200 --> 00:01:01,520 Speaker 1: DOGE team is in counter ring some pushback in their 17 00:01:01,520 --> 00:01:05,440 Speaker 1: efforts to take on the bureaucracy. Here to discuss DOGE 18 00:01:05,840 --> 00:01:09,800 Speaker 1: and President Trump's proposed tariffs, I'm really pleased to welcome 19 00:01:09,840 --> 00:01:14,080 Speaker 1: back my guest, Charles Thorngren, founder and CEO of Legacy 20 00:01:14,120 --> 00:01:25,360 Speaker 1: Precious Metals. Charles, Welcome and thank you for joining me 21 00:01:25,360 --> 00:01:28,800 Speaker 1: again on News World, particularly the time of extraordinary change. 22 00:01:29,000 --> 00:01:32,039 Speaker 1: It's always a pleasure and very informative talking with you. 23 00:01:32,680 --> 00:01:34,600 Speaker 2: Oh, thank you for having me. It's my pleasure as 24 00:01:34,600 --> 00:01:37,200 Speaker 2: always and it is most certainly interesting times. 25 00:01:37,920 --> 00:01:40,759 Speaker 1: Well, you're based in Texas. What are you hearing about 26 00:01:40,800 --> 00:01:42,600 Speaker 1: Elon musk doje efforts there? 27 00:01:43,959 --> 00:01:46,840 Speaker 2: It's interesting, I think when you look at what he's 28 00:01:46,880 --> 00:01:51,400 Speaker 2: trying to accomplish here in Texas, we understand that waste 29 00:01:51,440 --> 00:01:54,320 Speaker 2: and fraud is always in the way. So the fact 30 00:01:54,400 --> 00:01:58,920 Speaker 2: that someone who has no direct attachment to it is 31 00:01:59,000 --> 00:02:02,960 Speaker 2: going after the system them to create a place where 32 00:02:03,000 --> 00:02:07,600 Speaker 2: there's equity fairly assigned to where it belongs, programs are 33 00:02:07,600 --> 00:02:11,680 Speaker 2: fairly funded and removing the waste during a time of 34 00:02:11,800 --> 00:02:15,079 Speaker 2: massive debt. It's what we want to see. It's not 35 00:02:15,160 --> 00:02:17,079 Speaker 2: just here in Texas. I think it's throughout most of 36 00:02:17,120 --> 00:02:20,960 Speaker 2: the United States. The concept sounds great. I don't think 37 00:02:21,000 --> 00:02:24,200 Speaker 2: that most people are aware of what it's going to 38 00:02:24,240 --> 00:02:26,519 Speaker 2: cost to get rid of that fraud. There is some 39 00:02:26,600 --> 00:02:28,639 Speaker 2: pain that comes with those kinds of an effort, but 40 00:02:28,680 --> 00:02:29,680 Speaker 2: it's worth it. In the end. 41 00:02:30,520 --> 00:02:31,840 Speaker 1: Of course, there's going to be a lot of termoil 42 00:02:31,840 --> 00:02:34,640 Speaker 1: because you have people who've been used to really for 43 00:02:34,680 --> 00:02:38,120 Speaker 1: the last ninety years, starting with President Roosevelt, a certain 44 00:02:38,160 --> 00:02:42,679 Speaker 1: big government, Washington centered bureaucratit model, and suddenly everything's sort 45 00:02:42,680 --> 00:02:45,800 Speaker 1: of up in the air. As you know, Elon Musk 46 00:02:45,880 --> 00:02:48,639 Speaker 1: and the Department of Government Efficiency have said that their 47 00:02:48,680 --> 00:02:51,440 Speaker 1: goal is two trillion dollars in savings. Do you think 48 00:02:51,480 --> 00:02:52,600 Speaker 1: that's really achievable. 49 00:02:53,880 --> 00:02:59,280 Speaker 2: I would like to say it's not. However, I will 50 00:02:59,360 --> 00:03:03,040 Speaker 2: say I don't put it past the team in place. 51 00:03:03,600 --> 00:03:06,480 Speaker 2: I think when we look at the team that President 52 00:03:06,520 --> 00:03:10,760 Speaker 2: Trump is put in place to manage the government, and 53 00:03:10,880 --> 00:03:15,639 Speaker 2: having Elon Musk specifically looking as in the industry, what's 54 00:03:15,680 --> 00:03:19,600 Speaker 2: known as the axe man makes sense. He has shown 55 00:03:20,000 --> 00:03:23,000 Speaker 2: a history of doing it effectively. This is not something 56 00:03:23,040 --> 00:03:27,440 Speaker 2: new to him. He understands money in a way most 57 00:03:27,440 --> 00:03:30,560 Speaker 2: people don't, and he understands how to run a company. 58 00:03:30,960 --> 00:03:33,600 Speaker 2: And ultimately, every one of these programs should be looked 59 00:03:33,600 --> 00:03:37,320 Speaker 2: at as a company, not a government subsidy. They have 60 00:03:37,360 --> 00:03:40,320 Speaker 2: a specific job to do and it takes money to 61 00:03:40,400 --> 00:03:43,400 Speaker 2: do that. But he's well aware of how much money 62 00:03:43,440 --> 00:03:46,320 Speaker 2: it takes to run a company and where the waste lies. 63 00:03:46,480 --> 00:03:50,000 Speaker 2: So his ability to find the waste is what's going 64 00:03:50,000 --> 00:03:52,800 Speaker 2: to lead the possibility of a two trillion dollar reduction. 65 00:03:53,360 --> 00:03:56,360 Speaker 1: I've inclined to be very impressed with him. I've read 66 00:03:56,800 --> 00:04:01,640 Speaker 1: both Burger's book on the Founding of Space and Isaacson's 67 00:04:01,640 --> 00:04:05,360 Speaker 1: biography of Musk, and it's pretty astonishing the range of 68 00:04:05,400 --> 00:04:09,120 Speaker 1: places that he's had an impact. Now, if they were 69 00:04:09,160 --> 00:04:11,800 Speaker 1: able to do that, you know, the US national debt 70 00:04:11,880 --> 00:04:15,680 Speaker 1: right now is thirty six trillion, two hundred and twenty 71 00:04:15,720 --> 00:04:19,600 Speaker 1: billion dollars. Do you think that the spending cuts on 72 00:04:19,640 --> 00:04:23,320 Speaker 1: that scale would begin to impact the national debt? 73 00:04:23,640 --> 00:04:26,160 Speaker 2: It's the question, isn't it. We have to look at 74 00:04:26,160 --> 00:04:29,080 Speaker 2: that debt in a unique way. Some of that is 75 00:04:29,839 --> 00:04:33,320 Speaker 2: future debt, but some of it's already existing debt. So 76 00:04:33,360 --> 00:04:38,080 Speaker 2: cutting from the budget now will help remove future debt, 77 00:04:38,480 --> 00:04:43,800 Speaker 2: it doesn't eliminate today's debt, yesterday's debt. We look in 78 00:04:43,880 --> 00:04:46,520 Speaker 2: the world, and especially as we look at the bond market. Now, 79 00:04:46,839 --> 00:04:49,680 Speaker 2: bond market is all about yesterday's debt. It has to 80 00:04:49,680 --> 00:04:53,440 Speaker 2: be paid back tomorrow, but it's yesterday's debt. It's already 81 00:04:53,480 --> 00:04:57,159 Speaker 2: on the books. So those cuts will help increase the 82 00:04:57,200 --> 00:05:02,200 Speaker 2: liquidity of the government's cash sets, but it doesn't remove 83 00:05:02,279 --> 00:05:05,240 Speaker 2: the debt that's already existing. That's a different battle that 84 00:05:05,320 --> 00:05:08,600 Speaker 2: has to be fought. But you have to start someplace, 85 00:05:09,360 --> 00:05:09,520 Speaker 2: you know. 86 00:05:09,600 --> 00:05:12,880 Speaker 1: One of the things that's kind of fascinating. Musk has 87 00:05:12,920 --> 00:05:17,600 Speaker 1: floated the idea of doze dividend checks to taxpayers, which 88 00:05:17,640 --> 00:05:20,240 Speaker 1: he thinks would be about five thousand apiece. Do you 89 00:05:20,279 --> 00:05:21,880 Speaker 1: think this is a good idea? I mean, some friends 90 00:05:21,920 --> 00:05:23,880 Speaker 1: have written men said wouldn't it be better take that 91 00:05:24,000 --> 00:05:26,640 Speaker 1: money and begin to pay down the national debt? But 92 00:05:27,080 --> 00:05:29,440 Speaker 1: others have said, yeah, I wouldn't mind getting In terms 93 00:05:29,440 --> 00:05:33,160 Speaker 1: of building popular support, getting a doze dividend check might 94 00:05:33,200 --> 00:05:34,839 Speaker 1: be effective. How do you respond. 95 00:05:35,520 --> 00:05:37,200 Speaker 2: I'm a guy who believes and kill the debt as 96 00:05:37,240 --> 00:05:40,760 Speaker 2: much as you can, right. I understand the concept of 97 00:05:40,800 --> 00:05:43,400 Speaker 2: the five thousand dollars check, and it truly is to 98 00:05:43,400 --> 00:05:48,360 Speaker 2: get everyone on board. And I think that's the wisdom 99 00:05:48,400 --> 00:05:52,120 Speaker 2: of Elon Musk, knowing there is pain points coming, right, 100 00:05:52,640 --> 00:05:56,960 Speaker 2: if we give people a dividend check or the trouble 101 00:05:57,040 --> 00:06:00,000 Speaker 2: that's about to come to them, it helps often them 102 00:06:00,200 --> 00:06:04,359 Speaker 2: a little bit. Me personally, I say, get rid of 103 00:06:04,360 --> 00:06:07,279 Speaker 2: the debt as fast as you can, because that ultimately 104 00:06:07,360 --> 00:06:11,160 Speaker 2: leads to prosperity for everyone sooner, because that's the ultimate goal, 105 00:06:11,920 --> 00:06:14,960 Speaker 2: an effective government that doesn't get in our way and 106 00:06:15,080 --> 00:06:19,479 Speaker 2: allows us as business people and employees to grow right, 107 00:06:19,600 --> 00:06:22,320 Speaker 2: reduce our taxes overall, give us more money in our 108 00:06:22,360 --> 00:06:24,640 Speaker 2: pockets for the long term, not just one big check. 109 00:06:25,760 --> 00:06:30,159 Speaker 2: But I do understand why that parrot is out there. 110 00:06:30,520 --> 00:06:32,440 Speaker 2: It's going to make the process a little bit more 111 00:06:32,480 --> 00:06:34,279 Speaker 2: palatable for some people when. 112 00:06:34,200 --> 00:06:38,479 Speaker 1: You think about it. Here you have this remarkable, totally 113 00:06:38,560 --> 00:06:42,680 Speaker 1: new Doge project with Musk. At the same time you 114 00:06:42,800 --> 00:06:47,400 Speaker 1: have Trump talking about tariffs. What's your reaction looking at 115 00:06:47,400 --> 00:06:50,640 Speaker 1: the economy about Trump's idea that we ought to have 116 00:06:50,680 --> 00:06:54,520 Speaker 1: tariffs to balance off what other countries are doing to us. 117 00:06:55,320 --> 00:06:58,080 Speaker 2: It's an interesting concept, and I think I've seen more 118 00:06:58,120 --> 00:07:02,279 Speaker 2: outrage about the tariff conversation among economists than any other 119 00:07:02,320 --> 00:07:05,159 Speaker 2: thing that we've talked about probably the last fifty years. 120 00:07:06,440 --> 00:07:10,280 Speaker 2: There's the concept of what's right is right? You're going 121 00:07:10,360 --> 00:07:13,960 Speaker 2: to impose tariffs on us, why should we not then 122 00:07:14,000 --> 00:07:18,240 Speaker 2: impose tariffs on you. The reciprocal conversation makes sense from 123 00:07:18,280 --> 00:07:22,200 Speaker 2: a fair play point of view. Will it happen the 124 00:07:22,240 --> 00:07:26,840 Speaker 2: way that it's designed, that's the question. Right now, it 125 00:07:26,880 --> 00:07:30,160 Speaker 2: seems like an amazing negotiation tool, and it seems to 126 00:07:30,200 --> 00:07:33,560 Speaker 2: be working. Everyone says they're going to fight back as 127 00:07:33,760 --> 00:07:37,240 Speaker 2: they capitulate two days later. So there is the art 128 00:07:37,280 --> 00:07:39,760 Speaker 2: of the deal in play right there. So I won't 129 00:07:39,840 --> 00:07:44,640 Speaker 2: say that it's not effective. I will say we see 130 00:07:44,720 --> 00:07:49,320 Speaker 2: substantial resistance. It could cause problems, but part of the 131 00:07:49,360 --> 00:07:52,720 Speaker 2: plan is the tariffs, the reduction of taxes for companies 132 00:07:53,080 --> 00:07:55,640 Speaker 2: and all of these things. It's creating that balance so 133 00:07:55,720 --> 00:07:58,920 Speaker 2: that you can give the American people, the American business 134 00:07:59,400 --> 00:08:02,760 Speaker 2: a break, and don't we deserve one after all the 135 00:08:02,800 --> 00:08:06,680 Speaker 2: struggles we've been through, especially if you're dealing internationally. So 136 00:08:07,280 --> 00:08:10,200 Speaker 2: I get it. It's not as simple as a yes 137 00:08:10,360 --> 00:08:12,960 Speaker 2: or no. It will work or it won't work. There 138 00:08:13,080 --> 00:08:16,040 Speaker 2: is a masterful plan behind it that has to work 139 00:08:16,040 --> 00:08:18,360 Speaker 2: to a team, and if it does, it will be amazing. 140 00:08:19,320 --> 00:08:22,640 Speaker 2: If it doesn't, that's where the trouble comes in. But 141 00:08:22,720 --> 00:08:25,360 Speaker 2: that's why the team that's built now is so important 142 00:08:25,760 --> 00:08:27,560 Speaker 2: for the tariffs to actually take effect. 143 00:08:28,200 --> 00:08:32,600 Speaker 1: The first really targeted place, the tariff twenty five percent 144 00:08:32,640 --> 00:08:36,640 Speaker 1: tariform's stealing raising the tariff on aluminum to twenty five percent, 145 00:08:37,320 --> 00:08:40,200 Speaker 1: and both leaders of the steel in aluminum industry, you'll 146 00:08:40,200 --> 00:08:42,880 Speaker 1: come out in favor of these tariffs. Why do you 147 00:08:42,920 --> 00:08:46,600 Speaker 1: think there's such strong support from the steel and aluminum. 148 00:08:46,160 --> 00:08:50,640 Speaker 2: Industry specifically for those two industries that they have been devastated. 149 00:08:50,920 --> 00:08:54,440 Speaker 2: They've been devastated by the terraffs placed on their steel. Overseas. 150 00:08:55,200 --> 00:08:58,960 Speaker 2: You can't get American steel in Japan, and it reduced 151 00:08:59,040 --> 00:09:03,319 Speaker 2: and crushed a very a major manufacturing aspect of America. 152 00:09:03,840 --> 00:09:06,839 Speaker 2: American steel, US steel, that was what you wanted your 153 00:09:06,840 --> 00:09:10,559 Speaker 2: country built on throughout the history of building here in 154 00:09:10,600 --> 00:09:15,400 Speaker 2: the United States and overseas as well. That tariff placed 155 00:09:15,480 --> 00:09:18,880 Speaker 2: by other nations on our steel has resulted in more 156 00:09:18,920 --> 00:09:22,880 Speaker 2: American jobs lost than almost anything. It's caused the decimation 157 00:09:23,000 --> 00:09:25,120 Speaker 2: of some cities. You take a look at some of 158 00:09:25,120 --> 00:09:27,760 Speaker 2: the cities in Pennsylvania that were revolving around the steel 159 00:09:27,760 --> 00:09:30,680 Speaker 2: industry and their shells of what they once were, and 160 00:09:30,720 --> 00:09:33,880 Speaker 2: that's a direct result from this tariff. If you can't 161 00:09:33,880 --> 00:09:40,400 Speaker 2: sell overseas, you can't stay in business. So from that industry, 162 00:09:40,440 --> 00:09:42,640 Speaker 2: I get it, they're excited, and they should be. They're 163 00:09:42,679 --> 00:09:45,760 Speaker 2: getting a level playing field for change in. 164 00:09:45,679 --> 00:09:47,640 Speaker 1: That sense heavenly for a long time and played for 165 00:09:47,720 --> 00:09:51,360 Speaker 1: suckers where we have an open economy and all of 166 00:09:51,400 --> 00:09:54,640 Speaker 1: our trade competitors would have closed economies, and then people 167 00:09:54,640 --> 00:09:57,600 Speaker 1: would chant free trade. But in fact it was pretty 168 00:09:57,640 --> 00:10:01,280 Speaker 1: much a rig game in which the can subsidize almost 169 00:10:01,320 --> 00:10:04,600 Speaker 1: everybody else. Isn't that sort of your sense of how 170 00:10:04,640 --> 00:10:05,200 Speaker 1: that's working. 171 00:10:05,800 --> 00:10:09,440 Speaker 2: Absolutely, and that's exactly what happened and carried even further 172 00:10:09,480 --> 00:10:12,560 Speaker 2: into NATO. We did the same thing in NATO. You know, 173 00:10:12,800 --> 00:10:18,280 Speaker 2: we subsidize the world, and it's time that that gets removed. 174 00:10:19,240 --> 00:10:23,280 Speaker 2: Our open policy is an amazing policy, right to the 175 00:10:23,280 --> 00:10:26,000 Speaker 2: fact that you give some nations the ability to get 176 00:10:26,720 --> 00:10:29,400 Speaker 2: goods and assets that they don't have the ability to 177 00:10:29,440 --> 00:10:34,600 Speaker 2: make and fairly, but when they close down those economies, 178 00:10:35,800 --> 00:10:39,000 Speaker 2: it really shook up our industries. It's kind of like 179 00:10:39,120 --> 00:10:42,600 Speaker 2: the rule that says your team is so good, we're 180 00:10:42,640 --> 00:10:46,200 Speaker 2: going to handicap you so that this other team can 181 00:10:46,280 --> 00:10:51,760 Speaker 2: feel like they're winning. And that's not what economic policy 182 00:10:51,800 --> 00:10:52,200 Speaker 2: should be. 183 00:10:53,320 --> 00:10:57,760 Speaker 1: I went back and found in nineteen fifty nine statement 184 00:10:57,840 --> 00:11:01,360 Speaker 1: by President Eisenhower that the plans were playing us for 185 00:11:01,440 --> 00:11:04,560 Speaker 1: suckers and getting us to defend them while they did nothing. 186 00:11:05,200 --> 00:11:07,800 Speaker 1: And so there's this general sense, whether it's a trade 187 00:11:07,800 --> 00:11:10,680 Speaker 1: policy or defense policy, that we came out of World 188 00:11:10,679 --> 00:11:14,680 Speaker 1: War Two so successful. We were over half the world's 189 00:11:14,679 --> 00:11:17,880 Speaker 1: economy because everybody else has been bombed, and as a result, 190 00:11:17,920 --> 00:11:21,920 Speaker 1: we got very sloppy about what we negotiated and very 191 00:11:22,000 --> 00:11:24,959 Speaker 1: tolerant of people taking advantage of us. 192 00:11:25,760 --> 00:11:29,040 Speaker 2: We have been so successful as a nation that we 193 00:11:29,760 --> 00:11:35,360 Speaker 2: overlooked debt, we overlooked fairness because we had the means 194 00:11:35,360 --> 00:11:38,120 Speaker 2: to do so. The problem with that is you don't 195 00:11:38,160 --> 00:11:43,680 Speaker 2: always have the means to do so. 196 00:11:49,400 --> 00:11:52,480 Speaker 1: Hi, this is new. You can't have a balanced portfolio 197 00:11:52,679 --> 00:11:55,040 Speaker 1: if gold and silver aren't a part of it. 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Given all of this turmoil 214 00:12:59,520 --> 00:13:02,520 Speaker 1: and all these changes, what's your read on the market 215 00:13:02,600 --> 00:13:04,720 Speaker 1: and what are you thinking about you look out over 216 00:13:04,720 --> 00:13:06,520 Speaker 1: the next two or three years. 217 00:13:07,559 --> 00:13:10,840 Speaker 2: Interestingly enough, and we kind of talked about a little 218 00:13:10,880 --> 00:13:13,520 Speaker 2: bit in the beginning, the changes being made have to 219 00:13:13,520 --> 00:13:16,720 Speaker 2: be made. The economy is broken. It needs to be fixed. 220 00:13:17,559 --> 00:13:20,679 Speaker 2: The process to fix it is going to cause turmoil, 221 00:13:21,080 --> 00:13:23,240 Speaker 2: and we're beginning to see that. I know we've talked 222 00:13:23,240 --> 00:13:27,079 Speaker 2: in the past, and I have made the statement that 223 00:13:27,160 --> 00:13:29,480 Speaker 2: I thought the FED was not going after inflation as 224 00:13:29,480 --> 00:13:32,079 Speaker 2: strong as it should be. They should have become a 225 00:13:32,080 --> 00:13:34,040 Speaker 2: little bit more aggressive than they have. They should have 226 00:13:34,040 --> 00:13:36,720 Speaker 2: started a little sooner, and we're beginning to see that. 227 00:13:36,840 --> 00:13:40,280 Speaker 2: Now we're seeing inflationary pressures creeping back into the economy. 228 00:13:41,600 --> 00:13:45,880 Speaker 2: You take inflation, you take oil, you take everything else 229 00:13:45,960 --> 00:13:49,360 Speaker 2: into consideration. Things are going to get tough. The economy 230 00:13:49,400 --> 00:13:52,120 Speaker 2: is going to get tough, and you're going to see 231 00:13:52,760 --> 00:13:55,880 Speaker 2: American business take a hit before they come free from everything. 232 00:13:56,440 --> 00:13:59,840 Speaker 2: My outlooks a little gloomy for equities. I would say 233 00:13:59,840 --> 00:14:04,320 Speaker 2: that we will see a quasi recession happening just because 234 00:14:04,360 --> 00:14:07,679 Speaker 2: it's built into the economy already. The damage that's been 235 00:14:07,720 --> 00:14:11,839 Speaker 2: done isn't easily fixed. So looking forward the next year 236 00:14:11,840 --> 00:14:15,200 Speaker 2: and a half two years, we will see some hardship, 237 00:14:15,800 --> 00:14:19,560 Speaker 2: but then tariffs and tax breaks and things of this 238 00:14:19,640 --> 00:14:22,120 Speaker 2: nature will begin to play into the economy. That's when 239 00:14:22,160 --> 00:14:24,520 Speaker 2: we begin to see the turnaround. It's just how bad 240 00:14:24,560 --> 00:14:26,920 Speaker 2: the damage gets while we're waiting for that to happen. 241 00:14:26,960 --> 00:14:28,080 Speaker 2: That's the big issue. 242 00:14:28,200 --> 00:14:31,600 Speaker 1: Given the last administration, in the policies that Biden Harris saw, 243 00:14:31,600 --> 00:14:34,760 Speaker 1: it was it almost inevitable that we would have this 244 00:14:34,960 --> 00:14:37,040 Speaker 1: kind of wrenching transition. 245 00:14:38,000 --> 00:14:40,760 Speaker 2: Absolutely, I don't say this lightly. I think it was 246 00:14:40,800 --> 00:14:44,560 Speaker 2: by design. I think that we had an administration that 247 00:14:44,720 --> 00:14:48,400 Speaker 2: knew towards the end that it was not going to 248 00:14:48,400 --> 00:14:53,720 Speaker 2: win this election. That forty seventh president was inevitable and 249 00:14:54,960 --> 00:14:59,320 Speaker 2: damage was done specifically to hurt his reputation, to hurt 250 00:14:59,320 --> 00:15:02,880 Speaker 2: his legacy. Very pessimistic of me, I know, and I 251 00:15:02,880 --> 00:15:05,560 Speaker 2: don't say it lightly, but I don't know how to 252 00:15:05,600 --> 00:15:08,840 Speaker 2: explain the spending that's happened by the previous administration. It 253 00:15:08,880 --> 00:15:11,760 Speaker 2: makes no sense focus on the things they focused on 254 00:15:11,840 --> 00:15:15,160 Speaker 2: that had no bearing on ninety nine percent of Americans. 255 00:15:15,880 --> 00:15:19,160 Speaker 2: It's ludicrous and it never makes sense. So I have 256 00:15:19,320 --> 00:15:21,600 Speaker 2: to look at it and say, what was the design 257 00:15:21,680 --> 00:15:22,200 Speaker 2: behind it? 258 00:15:23,560 --> 00:15:25,720 Speaker 1: So when you go through this kind of a dramatic 259 00:15:25,800 --> 00:15:30,560 Speaker 1: change and you see all these different patterns changing, from 260 00:15:30,600 --> 00:15:35,600 Speaker 1: your perspective, what is that place gold and silver as 261 00:15:35,680 --> 00:15:38,480 Speaker 1: part of a diverse investment portfolio. I mean, this has 262 00:15:38,520 --> 00:15:41,400 Speaker 1: got to be a period when there are no experts 263 00:15:41,440 --> 00:15:44,560 Speaker 1: who understand the level of volatility which could come out 264 00:15:44,560 --> 00:15:47,520 Speaker 1: of this, whether it's up or down. And in that context, 265 00:15:48,160 --> 00:15:51,480 Speaker 1: what are the relative virtues of gold and silver and 266 00:15:51,600 --> 00:15:55,880 Speaker 1: thinking about some kind of legacy precious metal approach making 267 00:15:55,960 --> 00:15:59,320 Speaker 1: sure that your assets get through the scale of change. 268 00:15:59,320 --> 00:16:02,920 Speaker 2: You and I have been interesting question. And I'm not 269 00:16:02,960 --> 00:16:05,120 Speaker 2: someone who likes to run out there and say, you know, 270 00:16:05,440 --> 00:16:08,320 Speaker 2: the sky's falling, that's not what we do here at legacy. 271 00:16:08,920 --> 00:16:11,120 Speaker 2: But gold and silver are going to fit the position 272 00:16:11,160 --> 00:16:14,280 Speaker 2: that they've always fit. They are the safe haven asset 273 00:16:15,080 --> 00:16:17,320 Speaker 2: we look at this time and that safe haven is 274 00:16:17,360 --> 00:16:19,640 Speaker 2: more important than ever. And we've seen the run up 275 00:16:19,680 --> 00:16:24,800 Speaker 2: of medals just since the election. Right anytime there's uncertainty, 276 00:16:25,360 --> 00:16:29,880 Speaker 2: medals have value. The dollar will weaken because of the 277 00:16:29,960 --> 00:16:33,280 Speaker 2: changes that need to be made. Once those changes are 278 00:16:33,320 --> 00:16:35,840 Speaker 2: in the process of being made, you're again going to 279 00:16:35,840 --> 00:16:38,120 Speaker 2: have that weakness in the dollar. You're going to have 280 00:16:38,280 --> 00:16:40,680 Speaker 2: gold move up on that. You're going to have the 281 00:16:40,760 --> 00:16:45,760 Speaker 2: equities recession and inflation. These are all positive things for 282 00:16:45,920 --> 00:16:49,920 Speaker 2: the precious metals market. This is why that portion of 283 00:16:49,920 --> 00:16:53,440 Speaker 2: your investment should be in precious metals to protect you 284 00:16:53,520 --> 00:16:56,640 Speaker 2: from the things that have a negative effect on your 285 00:16:56,640 --> 00:17:00,840 Speaker 2: wealth and your savings. So when I look at where 286 00:17:00,840 --> 00:17:03,880 Speaker 2: we're at now and what's to come and gold sitting 287 00:17:03,920 --> 00:17:06,240 Speaker 2: you know right here around twenty nine hundred dollars an ounce, 288 00:17:06,760 --> 00:17:09,359 Speaker 2: it's going to look mighty cheap here in a short term, 289 00:17:09,400 --> 00:17:12,400 Speaker 2: I think that we're going to see some substantial moves 290 00:17:12,800 --> 00:17:17,240 Speaker 2: just based on the fundamentals of the economy, and then 291 00:17:17,280 --> 00:17:21,240 Speaker 2: we have to figure in the psychology. When people become 292 00:17:21,320 --> 00:17:24,000 Speaker 2: afraid of what they see and they don't understand what 293 00:17:24,080 --> 00:17:28,280 Speaker 2: they see or don't understand where the outcome lies, they'll 294 00:17:28,280 --> 00:17:31,480 Speaker 2: move into metals as well. I think looking at everything 295 00:17:31,480 --> 00:17:34,840 Speaker 2: that we see happening, the metal's future is something that 296 00:17:35,119 --> 00:17:37,200 Speaker 2: it's going to be very important for people's portfolio. 297 00:17:37,800 --> 00:17:41,720 Speaker 1: From that perspective, I'm just thinking about the level of 298 00:17:41,800 --> 00:17:46,840 Speaker 1: volatility and the notion that it's virtually impossible to predict 299 00:17:46,920 --> 00:17:49,960 Speaker 1: how this comes out. So having sort of a broad 300 00:17:50,040 --> 00:17:54,560 Speaker 1: approach that has a variety of different assets sort of 301 00:17:54,600 --> 00:17:58,440 Speaker 1: protects you from ending up with one thing which then collapses. 302 00:17:59,359 --> 00:18:03,000 Speaker 1: And sense maybe in a period of dramatic turmoil, a 303 00:18:03,080 --> 00:18:06,119 Speaker 1: broad portfolio approach is more important than ever. It just 304 00:18:06,160 --> 00:18:08,160 Speaker 1: feels that way. 305 00:18:08,240 --> 00:18:12,359 Speaker 2: It's very true anytime there's uncertainty, goal is important, and 306 00:18:12,440 --> 00:18:16,000 Speaker 2: I think the diversity now is really what's even more important. 307 00:18:16,400 --> 00:18:19,320 Speaker 2: If you're getting near retirement age, the last thing that 308 00:18:19,359 --> 00:18:22,480 Speaker 2: you want is another period like you know two thousand 309 00:18:22,520 --> 00:18:25,160 Speaker 2: and eight, where it takes you a decade to recoup 310 00:18:25,840 --> 00:18:29,440 Speaker 2: asset valuations because of a decline, when all you really 311 00:18:29,480 --> 00:18:31,359 Speaker 2: need to do is take a portion of what you 312 00:18:31,480 --> 00:18:35,720 Speaker 2: have and diversify because that's going to offset that loss. 313 00:18:36,000 --> 00:18:42,400 Speaker 2: And when you're doing that, it's important to know why 314 00:18:42,400 --> 00:18:46,240 Speaker 2: you're doing it right. So many times people say, oh, 315 00:18:46,320 --> 00:18:48,840 Speaker 2: gold and silver, it's a safe haven, but that's all 316 00:18:48,840 --> 00:18:52,320 Speaker 2: they know. It's important to know more, and that's why 317 00:18:52,440 --> 00:18:55,960 Speaker 2: we say, when you talk to us, ask about what 318 00:18:56,000 --> 00:18:58,119 Speaker 2: your plans are, and we ask you about what your 319 00:18:58,119 --> 00:19:00,200 Speaker 2: plans are. It's important to let us know so we 320 00:19:00,240 --> 00:19:02,960 Speaker 2: can show you why it makes sense. There's where the 321 00:19:02,960 --> 00:19:07,200 Speaker 2: peace of mind comes during these times. The diversity is important, 322 00:19:07,280 --> 00:19:10,240 Speaker 2: but also the peace of mind is important. You shouldn't 323 00:19:10,320 --> 00:19:13,280 Speaker 2: have to live with worry about your ability to retire. 324 00:19:14,440 --> 00:19:18,440 Speaker 2: That's why not only does it protect your portfolio, your metals, 325 00:19:18,640 --> 00:19:20,359 Speaker 2: but also gives you that peace of mind, which is 326 00:19:20,400 --> 00:19:22,200 Speaker 2: pretty invaluable when. 327 00:19:22,080 --> 00:19:25,480 Speaker 1: You're sitting here and you're thinking, I really don't know 328 00:19:25,520 --> 00:19:28,840 Speaker 1: what to do. I don't hear you say put all 329 00:19:28,920 --> 00:19:31,240 Speaker 1: your money in any one thing, whether it's gold or 330 00:19:31,240 --> 00:19:34,560 Speaker 1: silver or whatever. But rather look at your total assets. 331 00:19:35,160 --> 00:19:38,840 Speaker 1: Think about where you want real safety and there you 332 00:19:38,920 --> 00:19:42,000 Speaker 1: have things like legacy precious metals, and then think well, 333 00:19:42,000 --> 00:19:43,480 Speaker 1: where you want to take a little bit of risk, 334 00:19:43,720 --> 00:19:45,840 Speaker 1: and that might be something else. But when you have 335 00:19:45,920 --> 00:19:49,159 Speaker 1: a future in turmoil, as I think we're going to have, 336 00:19:49,960 --> 00:19:54,800 Speaker 1: then having some broader approach gives you a greater likelihood 337 00:19:54,800 --> 00:19:57,320 Speaker 1: of not getting wiped out by the change. I mean, 338 00:19:57,400 --> 00:19:58,480 Speaker 1: is that a fair summary? 339 00:19:59,040 --> 00:20:02,000 Speaker 2: Eligantly put? And I would also add to that too. 340 00:20:02,119 --> 00:20:05,520 Speaker 2: When you know that you have your backdrop, your safety net, 341 00:20:06,080 --> 00:20:09,120 Speaker 2: you're now more able to take advantage of the risk. 342 00:20:09,760 --> 00:20:12,120 Speaker 2: Right when you know that you're going to be able 343 00:20:12,119 --> 00:20:15,399 Speaker 2: to retire safely, you can say this money that I 344 00:20:15,600 --> 00:20:17,800 Speaker 2: don't need for the safety of it, I can now 345 00:20:17,840 --> 00:20:21,280 Speaker 2: take educated risks, and that'll give you the ability to 346 00:20:21,320 --> 00:20:23,879 Speaker 2: take advantage of some of the opportunities that will come up. 347 00:20:24,359 --> 00:20:27,400 Speaker 2: Because whenever there's a decline, when it turns around, there's 348 00:20:27,440 --> 00:20:31,640 Speaker 2: great opportunity. And if you've protected yourself, you've given yourself 349 00:20:31,640 --> 00:20:36,679 Speaker 2: the best chance to take advantage of that opportunity. 350 00:20:43,600 --> 00:20:46,600 Speaker 1: Hi, this is new. You can't have a balanced portfolio 351 00:20:46,880 --> 00:20:49,240 Speaker 1: if gold and silver aren't a part of it. Gold 352 00:20:49,280 --> 00:20:52,399 Speaker 1: has broken several record highs this year as investors are 353 00:20:52,400 --> 00:20:56,159 Speaker 1: looking for a safe haven legacy. Precious Metals is the 354 00:20:56,200 --> 00:20:58,639 Speaker 1: company I invest with, and you should give them a 355 00:20:58,680 --> 00:21:01,280 Speaker 1: call and see if a gold investment is right for you. 356 00:21:01,880 --> 00:21:06,320 Speaker 1: Legacy Precious Metals also created the official Contract with America 357 00:21:06,680 --> 00:21:10,520 Speaker 1: silver coin that commemorates our historic house victory in nineteen 358 00:21:10,600 --> 00:21:13,320 Speaker 1: ninety four. It's one ounce of pure silver and a 359 00:21:13,359 --> 00:21:17,120 Speaker 1: piece of American history. Supplies are limited and this comemory 360 00:21:17,200 --> 00:21:20,880 Speaker 1: coin will sell out. You can buy this exclusive coin 361 00:21:21,160 --> 00:21:25,520 Speaker 1: by visiting Legacypminvestments dot com and you can also add 362 00:21:25,560 --> 00:21:29,600 Speaker 1: the contract with America Coin to your IRA. Call Legacy 363 00:21:29,600 --> 00:21:32,840 Speaker 1: Today to speak with an advisor at eight six six 364 00:21:33,400 --> 00:21:37,480 Speaker 1: four eight four four oh four three, or visit Legacy 365 00:21:37,520 --> 00:21:42,280 Speaker 1: online at Legacypminvestments dot com. Tell them I sent you, 366 00:21:42,520 --> 00:21:45,120 Speaker 1: and they'll send you a free contract with America Coin 367 00:21:45,520 --> 00:21:53,760 Speaker 1: on all qualified IRA rollovers. Somebody wants ask a very 368 00:21:53,760 --> 00:21:57,120 Speaker 1: famous investor what was the key to his success? He said, well, 369 00:21:57,119 --> 00:22:00,240 Speaker 1: buy low and sell high. And they said how do 370 00:22:00,240 --> 00:22:05,879 Speaker 1: you do that? He said, Well, that's the secret, isn't it. 371 00:22:04,359 --> 00:22:05,680 Speaker 2: Absolutely the secret. 372 00:22:06,280 --> 00:22:08,280 Speaker 1: Most of us aren't smart enough to get out there 373 00:22:08,280 --> 00:22:11,919 Speaker 1: and play that particular game, but we can invest in 374 00:22:11,960 --> 00:22:16,119 Speaker 1: a cautious, practical direct way. From your perspective, when you 375 00:22:16,160 --> 00:22:18,280 Speaker 1: deal with people and talk to people, what do you 376 00:22:18,400 --> 00:22:23,200 Speaker 1: see as the Legacy Precious metals role in helping them 377 00:22:23,440 --> 00:22:25,320 Speaker 1: have a diverse investment portfolio. 378 00:22:26,040 --> 00:22:29,720 Speaker 2: Our role has always been to provide the diversity, but 379 00:22:29,840 --> 00:22:33,280 Speaker 2: again also to provide that peace of mind. I think 380 00:22:33,440 --> 00:22:37,200 Speaker 2: when you know you have that safety net in place, 381 00:22:38,119 --> 00:22:39,840 Speaker 2: you can begin to look at other things, and you 382 00:22:39,920 --> 00:22:42,679 Speaker 2: have someone that you can talk to. You know, you 383 00:22:42,680 --> 00:22:45,640 Speaker 2: can talk to your customer service rep and say, here's 384 00:22:45,680 --> 00:22:48,400 Speaker 2: what we did, here's what I'm looking at, what makes sense? 385 00:22:48,440 --> 00:22:50,720 Speaker 2: What do you see going on? And we try to 386 00:22:50,760 --> 00:22:55,080 Speaker 2: offer advice on the economy pretty frequently. Me and my 387 00:22:55,160 --> 00:22:57,520 Speaker 2: A team talk about it a lot. We're talking about 388 00:22:57,600 --> 00:22:59,919 Speaker 2: not just you know, gold and silver, but the things 389 00:23:00,080 --> 00:23:06,560 Speaker 2: in the economy that are opportunities and pitfalls. That information 390 00:23:07,440 --> 00:23:11,200 Speaker 2: really will help someone to be able to diversify into 391 00:23:11,280 --> 00:23:14,000 Speaker 2: other things. They'll be able to say, I'm hearing on 392 00:23:14,160 --> 00:23:16,919 Speaker 2: the news this is the big new thing. Doesn't make sense. 393 00:23:18,119 --> 00:23:21,639 Speaker 2: Maybe it does, but find out from someone who's going 394 00:23:21,680 --> 00:23:23,119 Speaker 2: to talk to you about it without a horse in 395 00:23:23,160 --> 00:23:26,120 Speaker 2: the race. Right, We're looking at it from an economic standpoint, 396 00:23:26,440 --> 00:23:30,720 Speaker 2: so it's about information, So you can use that and say, 397 00:23:30,760 --> 00:23:34,280 Speaker 2: here's an independent source of information that will help me 398 00:23:34,359 --> 00:23:38,080 Speaker 2: make my decision on maybe let's say real estate bonds, 399 00:23:38,280 --> 00:23:40,760 Speaker 2: things of that nature, because we do talk about those 400 00:23:40,800 --> 00:23:43,560 Speaker 2: things right in a general way. What I like to 401 00:23:43,560 --> 00:23:48,960 Speaker 2: say is in a common sense, regular English kind of way. Economists, 402 00:23:48,960 --> 00:23:50,760 Speaker 2: if you let them, they'll get you spun around. They 403 00:23:50,800 --> 00:23:52,960 Speaker 2: know some fancy words that just don't make sense to 404 00:23:53,000 --> 00:23:55,959 Speaker 2: most people. But we like to break that down and 405 00:23:55,960 --> 00:23:57,480 Speaker 2: make it something digestible. 406 00:23:58,200 --> 00:24:02,199 Speaker 1: If somebody does come to Pressure Metals IRA, what are 407 00:24:02,240 --> 00:24:05,959 Speaker 1: the fact that you can do at Legacy Precious Metals 408 00:24:06,320 --> 00:24:09,879 Speaker 1: that helps somebody's got an IRA, but they're thinking, maybe 409 00:24:09,920 --> 00:24:12,080 Speaker 1: I want to be more protected against the volatility of 410 00:24:12,080 --> 00:24:15,760 Speaker 1: the market. What is that conversation like? If they approach 411 00:24:15,800 --> 00:24:18,800 Speaker 1: you and say, could we roll our existing retirement count 412 00:24:19,240 --> 00:24:20,840 Speaker 1: into a precious Metals IRA. 413 00:24:21,440 --> 00:24:23,679 Speaker 2: The answer is going to be a definite maybe, and 414 00:24:23,720 --> 00:24:26,960 Speaker 2: I know that it does to sound very defined. There. Really, 415 00:24:27,000 --> 00:24:29,520 Speaker 2: the way to make this process the best is to 416 00:24:29,520 --> 00:24:32,280 Speaker 2: know that we are here to answer questions. So what 417 00:24:32,400 --> 00:24:34,199 Speaker 2: you want to do is give us a call here 418 00:24:34,200 --> 00:24:37,120 Speaker 2: at Legacy Precious Metals. The phone numbers eight sixty six 419 00:24:37,840 --> 00:24:41,400 Speaker 2: four eight four four zero four to three. Again, that's 420 00:24:41,440 --> 00:24:45,320 Speaker 2: eight sixty six four eight four four zero four to three. 421 00:24:46,440 --> 00:24:49,280 Speaker 2: When you call, though, here's what you're going to expect. 422 00:24:49,760 --> 00:24:53,040 Speaker 2: We're going to have a conversation, a basic person to 423 00:24:53,119 --> 00:24:55,720 Speaker 2: person conversation, I like the ones you have with the 424 00:24:55,720 --> 00:24:58,160 Speaker 2: financial guy who's trying to tell you buy this hot 425 00:24:58,240 --> 00:25:01,399 Speaker 2: rising stock. And what we're going to do is say, 426 00:25:01,720 --> 00:25:04,800 Speaker 2: what are your goals? What are your financial goals? What's 427 00:25:04,840 --> 00:25:07,159 Speaker 2: your risk tolerance? Some people don't even know what their 428 00:25:07,240 --> 00:25:10,280 Speaker 2: risk tolerance is, right, they've been in a foundation where 429 00:25:10,280 --> 00:25:12,600 Speaker 2: they're told to buy a B or C. Well, let's 430 00:25:12,600 --> 00:25:15,600 Speaker 2: find out what your risk tolerance is, how long you 431 00:25:15,680 --> 00:25:20,240 Speaker 2: have till retirement. These are all very important things. And 432 00:25:20,280 --> 00:25:22,280 Speaker 2: then as we're walking through your investment options, we're going 433 00:25:22,320 --> 00:25:24,560 Speaker 2: to find out what kind of IRA you have is 434 00:25:24,600 --> 00:25:26,880 Speaker 2: it's something that you can roll over a part of 435 00:25:27,560 --> 00:25:30,159 Speaker 2: and move it into metals. Most of time you'll find yes. 436 00:25:30,520 --> 00:25:32,720 Speaker 2: There are some situations where you won't. We may have 437 00:25:32,800 --> 00:25:36,240 Speaker 2: to come up with another plan, But the goal is 438 00:25:36,320 --> 00:25:40,679 Speaker 2: for my team to provide you with enough information so 439 00:25:40,720 --> 00:25:43,440 Speaker 2: that you can make the decision that you need. Right. 440 00:25:43,440 --> 00:25:45,960 Speaker 2: We're going to make it possible for you to make 441 00:25:46,000 --> 00:25:49,640 Speaker 2: that informed decision. And that's the important part because now 442 00:25:49,680 --> 00:25:52,000 Speaker 2: you're going to begin to understand what you're invested in 443 00:25:52,520 --> 00:25:54,680 Speaker 2: so again, what you want to do is reach out 444 00:25:54,680 --> 00:25:57,000 Speaker 2: to us and talk to my team. The number is 445 00:25:57,000 --> 00:26:01,439 Speaker 2: eight sixty six four eight four four zero four to three. 446 00:26:01,840 --> 00:26:04,879 Speaker 1: In addition to encouraging people to call, I have to 447 00:26:05,000 --> 00:26:08,359 Speaker 1: raise sort of my favorite subject since I've got to 448 00:26:08,400 --> 00:26:10,560 Speaker 1: know you, and this is an idea which I think 449 00:26:10,560 --> 00:26:13,440 Speaker 1: you came up with to have a contract with America 450 00:26:13,600 --> 00:26:17,639 Speaker 1: silver Coin that was created exclusively by Legacy Precious Metals. 451 00:26:18,080 --> 00:26:20,959 Speaker 1: Listeners can outworder the collectible coin on its own, but 452 00:26:21,000 --> 00:26:23,239 Speaker 1: you also have a new special offer form. I have 453 00:26:23,280 --> 00:26:27,240 Speaker 1: to say, the coin itself is beautiful. I really am 454 00:26:27,280 --> 00:26:29,720 Speaker 1: so grateful that you did it. I think that it's 455 00:26:29,880 --> 00:26:32,960 Speaker 1: a kind of a remarkable collector's item. But why don't 456 00:26:32,960 --> 00:26:36,080 Speaker 1: you just for a second outline how you're approaching this. 457 00:26:37,000 --> 00:26:41,040 Speaker 2: Absolutely the contract with America Coin, it's a beautiful coin. 458 00:26:41,080 --> 00:26:44,680 Speaker 2: It's a one out silver coins have the image of yourself. 459 00:26:44,880 --> 00:26:46,960 Speaker 2: We have the speaker on the front of the coin 460 00:26:47,200 --> 00:26:50,159 Speaker 2: holding the contract that memorable moment where we had a 461 00:26:50,200 --> 00:26:53,720 Speaker 2: balanced budget, an amazing thing. And on the back of 462 00:26:53,760 --> 00:26:56,119 Speaker 2: the coin we also feature the ten pillars of the 463 00:26:56,200 --> 00:26:59,920 Speaker 2: contract because the contract was something that was an amazing thing. 464 00:27:01,280 --> 00:27:03,800 Speaker 2: And not easy to do, and we know that because 465 00:27:03,800 --> 00:27:06,119 Speaker 2: no one else has done it. Sent you so that 466 00:27:06,240 --> 00:27:10,040 Speaker 2: beautiful silver coin. It's also a collector's item. We're not 467 00:27:10,560 --> 00:27:15,520 Speaker 2: making millions of them. It's available now at Nuke Gingridge 468 00:27:15,600 --> 00:27:20,199 Speaker 2: silvercoin dot com. Again, that's Nuke Gingridge silvercoin dot com. 469 00:27:20,359 --> 00:27:23,000 Speaker 2: Or you can call us at eight sixty six four 470 00:27:23,000 --> 00:27:26,520 Speaker 2: eighty four four zero four to three get the advice 471 00:27:26,600 --> 00:27:29,720 Speaker 2: about not just the retirement accounts and medals, but you 472 00:27:29,760 --> 00:27:32,639 Speaker 2: can also pick up one of these magnificent coins as well. 473 00:27:33,359 --> 00:27:36,360 Speaker 2: I will tell you now that what we wanted to do, 474 00:27:36,400 --> 00:27:38,080 Speaker 2: and this may come as a little bit of a shock. 475 00:27:38,160 --> 00:27:40,040 Speaker 2: I don't know if you know about this or not, Newt, 476 00:27:40,280 --> 00:27:44,440 Speaker 2: but as of today, we have a special offer. If 477 00:27:44,440 --> 00:27:46,879 Speaker 2: you call us and decide to roll over your qualified 478 00:27:46,920 --> 00:27:51,119 Speaker 2: IRA into a legacy precious metals account, we will send 479 00:27:51,160 --> 00:27:54,040 Speaker 2: you one of the new Gingridge Contract with America coins 480 00:27:54,080 --> 00:27:56,800 Speaker 2: for free directly to you, not held in your IRA. 481 00:27:57,040 --> 00:27:59,400 Speaker 2: We're gonna ship it to your home. So, if you're 482 00:27:59,400 --> 00:28:02,000 Speaker 2: a listener of the show, call us and to tell 483 00:28:02,000 --> 00:28:05,640 Speaker 2: our sales representative you are listening to Newt's World, and 484 00:28:05,680 --> 00:28:09,040 Speaker 2: when you do the qualified IRA rollover, we will get 485 00:28:09,080 --> 00:28:12,560 Speaker 2: that out to you. So it's important mention the coin 486 00:28:12,960 --> 00:28:15,040 Speaker 2: because you do want to have one of these. Okay, 487 00:28:15,720 --> 00:28:19,960 Speaker 2: when you call us, also know that this account is 488 00:28:20,000 --> 00:28:22,600 Speaker 2: a regular IRA account. You're going to have all the 489 00:28:22,720 --> 00:28:27,359 Speaker 2: same regular tax benefits from a retirement account. You're going 490 00:28:27,400 --> 00:28:29,520 Speaker 2: to do all of that savings that you've done all 491 00:28:29,560 --> 00:28:33,000 Speaker 2: your life for your retirement account, all the same benefits, 492 00:28:33,080 --> 00:28:36,320 Speaker 2: but you're going to have something tangible inside the metals, 493 00:28:36,840 --> 00:28:39,760 Speaker 2: and you will also get that free contract with America 494 00:28:39,800 --> 00:28:43,440 Speaker 2: Coin as part of your IRA rollover. So this is 495 00:28:43,480 --> 00:28:46,000 Speaker 2: a one of a kind coin. It's going to go 496 00:28:46,120 --> 00:28:49,800 Speaker 2: up in value. It will gain value for you, just 497 00:28:49,880 --> 00:28:52,880 Speaker 2: like your other medals, but this has that specialty quality 498 00:28:52,920 --> 00:28:56,560 Speaker 2: to it. Call us at eight sixty six four eight 499 00:28:56,720 --> 00:29:01,480 Speaker 2: four four zero four to three again, that's eight four 500 00:29:01,560 --> 00:29:03,920 Speaker 2: eight four four zero four three. 501 00:29:04,800 --> 00:29:07,680 Speaker 1: I have to say I was very touched when you 502 00:29:07,760 --> 00:29:09,600 Speaker 1: first suggested this to me, and I think it came 503 00:29:09,640 --> 00:29:12,320 Speaker 1: out so beautifully and it is something that makes me 504 00:29:12,360 --> 00:29:15,080 Speaker 1: feel very very proud. I want to thank you for 505 00:29:15,160 --> 00:29:18,560 Speaker 1: joining me, helping me and our listeners make sense of 506 00:29:18,640 --> 00:29:22,400 Speaker 1: the current political and economic environment and how we can 507 00:29:22,440 --> 00:29:26,240 Speaker 1: save for our retirement with a portfolio that includes precious 508 00:29:26,280 --> 00:29:29,160 Speaker 1: medals like gold and silver, and I want to let 509 00:29:29,200 --> 00:29:32,680 Speaker 1: our listeners know if they want more information, they can 510 00:29:32,720 --> 00:29:36,840 Speaker 1: call Charles and his team at Legacy Precious Medals directly 511 00:29:36,880 --> 00:29:40,600 Speaker 1: at eight sixty six four eight four four oh four three. 512 00:29:40,960 --> 00:29:45,400 Speaker 1: That's eight six six four eight four four oh four three, 513 00:29:45,640 --> 00:29:51,480 Speaker 1: or they can visit Legacy online at Legacypminvestments dot com. 514 00:29:51,960 --> 00:29:53,640 Speaker 1: Thank you very much, Charles. 515 00:29:53,600 --> 00:29:55,880 Speaker 2: Oh, it's my pleasure. Thank you as well for having me. 516 00:29:59,400 --> 00:30:02,239 Speaker 1: Thank you to my Charles Thornburn. You can learn more 517 00:30:02,280 --> 00:30:07,400 Speaker 1: about Legacy Precious Medals at Legacypminvestments dot com. Newtsworld is 518 00:30:07,440 --> 00:30:11,840 Speaker 1: produced by Ganglish three sixty at iHeartMedia. Our executive producer 519 00:30:12,240 --> 00:30:16,680 Speaker 1: is Guernsey Slum. Our researcher is Rachel Peterson. The artwork 520 00:30:16,720 --> 00:30:20,320 Speaker 1: for the show which created by Steve Penley. Special thanks 521 00:30:20,360 --> 00:30:23,600 Speaker 1: to the team at ginglishtree sixty. If you've been enjoying Newtsworld, 522 00:30:23,920 --> 00:30:26,480 Speaker 1: I hope you'll go to Apple Podcast and both rate 523 00:30:26,560 --> 00:30:29,440 Speaker 1: us with five stars and give us a review so 524 00:30:29,520 --> 00:30:32,760 Speaker 1: others can learn what it's all about. Right now, listeners 525 00:30:32,760 --> 00:30:36,760 Speaker 1: of the Newtsworld consigner for my three freeweekly columns at 526 00:30:36,760 --> 00:30:41,520 Speaker 1: Ganlistrey sixty dot com slash newsletter. I'm Newt Gingrich. This 527 00:30:41,760 --> 00:30:45,040 Speaker 1: is Newtsworld, and this episode of Newtsworld was brought to 528 00:30:45,080 --> 00:31:01,200 Speaker 1: you by Legacy Precious Medals. Hi, you can't have a 529 00:31:01,240 --> 00:31:04,320 Speaker 1: balanced portfolio if gold and silver aren't a part of it. 530 00:31:04,760 --> 00:31:08,080 Speaker 1: Gold has broken several record highs this year as investors 531 00:31:08,080 --> 00:31:11,840 Speaker 1: are looking for a safe haven. Legacy Precious Medals is 532 00:31:11,880 --> 00:31:14,320 Speaker 1: the company I invest with, and you should give them 533 00:31:14,360 --> 00:31:16,680 Speaker 1: a call and see if a gold investment is right 534 00:31:16,720 --> 00:31:21,400 Speaker 1: for you. Legacy Precious Medals also created the official Contract 535 00:31:21,480 --> 00:31:25,560 Speaker 1: with America silver coin that commemorates our historic House victory 536 00:31:25,760 --> 00:31:28,640 Speaker 1: in nineteen ninety four. It's one ounce of pure silver 537 00:31:28,880 --> 00:31:32,240 Speaker 1: and a piece of American history. Supplies are limited and 538 00:31:32,320 --> 00:31:35,680 Speaker 1: this comemory coin will sell out. You can buy this 539 00:31:35,840 --> 00:31:40,800 Speaker 1: exclusive coin by visiting Legacypminvestments dot com and you can 540 00:31:40,800 --> 00:31:43,880 Speaker 1: also add the Contract with America coin to your IRA. 541 00:31:44,600 --> 00:31:47,640 Speaker 1: Call Legacy Today to speak with an advisor at eight 542 00:31:47,920 --> 00:31:51,840 Speaker 1: six six four eight four four oh four three, or 543 00:31:52,360 --> 00:31:57,600 Speaker 1: visit Legacy online at Legacypminvestments dot com. Tell them I 544 00:31:57,640 --> 00:32:00,120 Speaker 1: sent you and they'll send you a free Contract with 545 00:32:00,160 --> 00:32:03,840 Speaker 1: America coin on all qualified Ira rollovers.