1 00:00:06,480 --> 00:00:10,080 Speaker 1: On this episode of Newtsworld, President elect Donald Trump has 2 00:00:10,119 --> 00:00:12,719 Speaker 1: recently named some people the key roles in the economy 3 00:00:13,280 --> 00:00:16,640 Speaker 1: Secretary of the Treasury, Secretary of Commerce, the Securities and 4 00:00:16,720 --> 00:00:20,279 Speaker 1: Exchange Commission. We're going to discuss these appointments in the 5 00:00:20,280 --> 00:00:23,840 Speaker 1: background and experience of his nominees, and what will President 6 00:00:23,840 --> 00:00:27,280 Speaker 1: elect Trump do to break inflation in January. Here to 7 00:00:27,360 --> 00:00:31,240 Speaker 1: discuss these important topics, I'm really pleased to welcome back 8 00:00:31,320 --> 00:00:35,639 Speaker 1: my guest and good friend, Charles Thornngrun, Founder and CEO 9 00:00:36,080 --> 00:00:48,159 Speaker 1: of Legacy Precious Medals. Charles, welcome, and thank you for 10 00:00:48,240 --> 00:00:49,960 Speaker 1: joining me again on Newts World. 11 00:00:50,200 --> 00:00:52,120 Speaker 2: Oh it is my pleasure as always, and thank you 12 00:00:52,120 --> 00:00:53,360 Speaker 2: for having us back. Note. 13 00:00:53,560 --> 00:00:55,440 Speaker 1: I always learned so much from you because you pay 14 00:00:55,520 --> 00:00:58,320 Speaker 1: such careful attention to the economy. So let's talk about 15 00:00:58,360 --> 00:01:01,680 Speaker 1: a couple of key appointments that President Trump has made. 16 00:01:01,800 --> 00:01:04,320 Speaker 1: You know, he nominated Scott Besson to be sick to 17 00:01:04,400 --> 00:01:08,440 Speaker 1: the Treasury. He's a hedge fund billionaire, was an economic 18 00:01:08,480 --> 00:01:12,680 Speaker 1: advisor for the Trump presidential campaign. My sense is that 19 00:01:13,280 --> 00:01:16,320 Speaker 1: Besson is very much in line with Trump. One Fox 20 00:01:16,400 --> 00:01:20,440 Speaker 1: News up ed. He argued that using tariffs correctly is 21 00:01:20,480 --> 00:01:25,119 Speaker 1: a powerful way to revitalize American manufacturing and industry. What's 22 00:01:25,160 --> 00:01:27,880 Speaker 1: your sense of this whole tariff argument. 23 00:01:29,040 --> 00:01:32,039 Speaker 2: It's an interesting concept. On the face of it, it 24 00:01:32,080 --> 00:01:35,080 Speaker 2: makes a lot of sense if we want to do 25 00:01:35,120 --> 00:01:38,320 Speaker 2: a couple of things, increase sales of US products, which 26 00:01:38,360 --> 00:01:44,080 Speaker 2: is always important, reduce deficit by increasing tariffs. We can 27 00:01:44,120 --> 00:01:48,280 Speaker 2: then minimize some taxation, which is always good. You get 28 00:01:48,280 --> 00:01:51,080 Speaker 2: some top down tax reductions and let that flow down. 29 00:01:51,560 --> 00:01:54,920 Speaker 2: But I think the most important thing about it it's 30 00:01:54,920 --> 00:01:58,720 Speaker 2: saying that we're not living in this status quo. What 31 00:01:59,160 --> 00:02:03,080 Speaker 2: we've done for the past twenty plus years isn't working 32 00:02:03,080 --> 00:02:05,920 Speaker 2: the way that it's supposed to. Let's take a new approach, 33 00:02:06,000 --> 00:02:08,840 Speaker 2: and the tariff makes a lot of sense. You have 34 00:02:08,919 --> 00:02:11,919 Speaker 2: to look at the tariff and say, we're doing this 35 00:02:11,960 --> 00:02:16,000 Speaker 2: for more than just fair trade, but we're also doing 36 00:02:16,040 --> 00:02:20,639 Speaker 2: this to secure the power of the US dollar. By 37 00:02:20,639 --> 00:02:23,919 Speaker 2: increasing tariffs on nations, we're now telling them they have 38 00:02:24,000 --> 00:02:26,920 Speaker 2: to carry more US dollars. The threat to the US 39 00:02:27,040 --> 00:02:29,880 Speaker 2: dollar goes away a little bit now when China has 40 00:02:29,919 --> 00:02:33,160 Speaker 2: to have twenty percent more dollars and Canada has to 41 00:02:33,160 --> 00:02:36,600 Speaker 2: have twenty five percent more dollars just for a trade 42 00:02:36,720 --> 00:02:38,960 Speaker 2: there's something in there that I don't know if it 43 00:02:39,040 --> 00:02:41,680 Speaker 2: was thought about, but when you really expanded out, it 44 00:02:41,760 --> 00:02:42,680 Speaker 2: makes a lot of sense. 45 00:02:43,000 --> 00:02:45,480 Speaker 1: We know, I was really surprised that last year we 46 00:02:45,520 --> 00:02:49,600 Speaker 1: imported three trillion, one hundred billion dollars in goods with 47 00:02:49,760 --> 00:02:51,920 Speaker 1: the largest importer in the world, which I knew. But 48 00:02:52,000 --> 00:02:56,000 Speaker 1: when you think about three trillion, one hundred billion dollars, 49 00:02:56,400 --> 00:02:59,919 Speaker 1: you could apply a tariff and raise an amazing amount 50 00:02:59,919 --> 00:03:02,280 Speaker 1: of money, which could then come back in the form 51 00:03:02,280 --> 00:03:05,280 Speaker 1: of a tax cut to the American people. Could also 52 00:03:05,400 --> 00:03:08,800 Speaker 1: help balance the budget. And because our market is so 53 00:03:08,880 --> 00:03:11,880 Speaker 1: much bigger than any other market in the world, it 54 00:03:11,919 --> 00:03:16,560 Speaker 1: gives President Trump real leverage in negotiating with other countries. 55 00:03:17,320 --> 00:03:19,399 Speaker 2: I think that's a very big part of it. It's 56 00:03:19,440 --> 00:03:22,120 Speaker 2: the leverage President Trump gets an office, and what we 57 00:03:22,200 --> 00:03:25,280 Speaker 2: do know is he's great at negotiating, and this is 58 00:03:25,360 --> 00:03:29,240 Speaker 2: part of that. The tariffs are effective not only for 59 00:03:29,360 --> 00:03:32,200 Speaker 2: the financial side of things, but for the negotiation as well. 60 00:03:33,040 --> 00:03:37,080 Speaker 2: And when we look at US companies that produce overseas, 61 00:03:37,560 --> 00:03:39,560 Speaker 2: if they now have to begin to pay more to 62 00:03:39,600 --> 00:03:42,000 Speaker 2: bring them in, You're going to see jobs come back 63 00:03:42,000 --> 00:03:45,760 Speaker 2: to America. You're going to see American products become a 64 00:03:45,800 --> 00:03:49,960 Speaker 2: lot more competitive in price, which is really where we 65 00:03:50,040 --> 00:03:53,720 Speaker 2: left off in the last administration. For President Trump bringing 66 00:03:53,840 --> 00:03:59,680 Speaker 2: jobs back, it has more than one really valid point 67 00:03:59,720 --> 00:04:02,200 Speaker 2: two and I think that's the important part we want 68 00:04:02,200 --> 00:04:04,520 Speaker 2: to look at. It's not just oh, we're going to 69 00:04:04,520 --> 00:04:08,200 Speaker 2: make somebody pay more. It does so many things, the 70 00:04:08,200 --> 00:04:12,800 Speaker 2: financial side, the security side, the negotiation side, and then 71 00:04:12,840 --> 00:04:16,600 Speaker 2: bringing jobs back, bringing jobs here to America again to 72 00:04:16,640 --> 00:04:19,560 Speaker 2: where we can begin to say we don't need to 73 00:04:19,640 --> 00:04:23,240 Speaker 2: have an economy that's run by government employees. The private 74 00:04:23,279 --> 00:04:25,600 Speaker 2: sector does it better. Let's put it back in their hands. 75 00:04:25,800 --> 00:04:27,880 Speaker 1: When you think about all this economic growth and the 76 00:04:27,880 --> 00:04:31,600 Speaker 1: degree to which President Trump was committed to creating American 77 00:04:31,720 --> 00:04:35,120 Speaker 1: jobs and raising the American centered living, one of the 78 00:04:35,160 --> 00:04:38,479 Speaker 1: key jobs is the Secretary of Commerce. I was fascinated 79 00:04:38,839 --> 00:04:42,600 Speaker 1: that he picked counter Fitzgerald's CEO, Howard Lutnick. You may 80 00:04:42,600 --> 00:04:45,760 Speaker 1: remember that counter Fitzgerald lost more people on nine to 81 00:04:45,800 --> 00:04:50,320 Speaker 1: eleven than any other company, really lost about two thirds 82 00:04:50,360 --> 00:04:51,960 Speaker 1: of the people who work for them in New York, 83 00:04:52,400 --> 00:04:56,120 Speaker 1: and that Lutnik, as the head of the company, founded 84 00:04:56,160 --> 00:04:59,640 Speaker 1: a foundation which ultimately raised two hundred and fifty million 85 00:04:59,680 --> 00:05:02,560 Speaker 1: dollars to help the families of those folks. He's a 86 00:05:02,720 --> 00:05:07,000 Speaker 1: very interesting, very energetic guy. What is your sense of 87 00:05:07,120 --> 00:05:11,320 Speaker 1: having somebody like Howard Lutnik et secutive commerce and how 88 00:05:11,360 --> 00:05:12,160 Speaker 1: that will work out. 89 00:05:13,160 --> 00:05:15,800 Speaker 2: One of the interesting things I think when we look 90 00:05:15,839 --> 00:05:18,240 Speaker 2: at this is there's compassion in the man. We see 91 00:05:18,240 --> 00:05:21,880 Speaker 2: that by what he's done right, he understands world economy. 92 00:05:22,240 --> 00:05:26,200 Speaker 2: But also he's behind the idea that we start talking 93 00:05:26,240 --> 00:05:29,760 Speaker 2: about tariffs, and that's going to really play into trade 94 00:05:30,520 --> 00:05:34,159 Speaker 2: pretty significantly, because we still want the trade, but we 95 00:05:34,480 --> 00:05:38,440 Speaker 2: just want to make sure that we use the increased 96 00:05:38,440 --> 00:05:42,400 Speaker 2: tariffs and the revenue it generates, but more importantly, the 97 00:05:42,440 --> 00:05:46,120 Speaker 2: ability to negotiate trade agreements, and that's going to be 98 00:05:46,520 --> 00:05:50,240 Speaker 2: Lutnik's biggest job is trade agreements. How do we get 99 00:05:50,360 --> 00:05:54,320 Speaker 2: back to a place where US products have equal access 100 00:05:54,400 --> 00:05:57,679 Speaker 2: to the markets that we provide. How do we get 101 00:05:57,920 --> 00:06:01,159 Speaker 2: China to have our products readily available like we do there? 102 00:06:02,160 --> 00:06:04,159 Speaker 2: And this is where you need a nuance, but you 103 00:06:04,240 --> 00:06:07,200 Speaker 2: also need the savviness of what a Lutnix going to 104 00:06:07,200 --> 00:06:11,400 Speaker 2: bring to that particular position. So being behind the idea 105 00:06:11,440 --> 00:06:14,080 Speaker 2: of tariffs and using them for what they ultimately can 106 00:06:14,120 --> 00:06:17,240 Speaker 2: be good for raising revenue, but also again the most 107 00:06:17,240 --> 00:06:21,800 Speaker 2: important part that trade agreement and generating a fairness in 108 00:06:21,839 --> 00:06:24,720 Speaker 2: trade again is going to be the lasting thing that 109 00:06:24,760 --> 00:06:27,560 Speaker 2: makes the difference on this beginning conversation of tariffs and 110 00:06:27,960 --> 00:06:30,840 Speaker 2: the whole trade division what they're going to be working on. 111 00:06:31,240 --> 00:06:33,400 Speaker 2: So I think that's going to be in a very 112 00:06:33,480 --> 00:06:36,640 Speaker 2: important part, and I don't believe most people are paying 113 00:06:36,680 --> 00:06:38,560 Speaker 2: attention to that as much as they should, because this 114 00:06:38,680 --> 00:06:42,440 Speaker 2: is a very important piece to that puzzle of generating 115 00:06:42,480 --> 00:06:44,200 Speaker 2: economy and trade. 116 00:06:44,680 --> 00:06:46,239 Speaker 1: I think that's right, and I think it was clear 117 00:06:46,279 --> 00:06:50,440 Speaker 1: when President Trump named him that he would be overseeing 118 00:06:50,480 --> 00:06:54,640 Speaker 1: the Office of US Trade Representative. So Lutnik will really 119 00:06:54,640 --> 00:06:58,000 Speaker 1: be the lead in dealing with foreign countries on the 120 00:06:58,040 --> 00:07:01,120 Speaker 1: whole issue of trade in tariffs, and I think has 121 00:07:01,160 --> 00:07:03,880 Speaker 1: a very big role to play. The other really interesting 122 00:07:03,880 --> 00:07:08,000 Speaker 1: appointment is a very seasoned person, Paul Atkins, who previously 123 00:07:08,000 --> 00:07:12,680 Speaker 1: served as the Securities and Exchange commission under President George W. Bush, 124 00:07:12,800 --> 00:07:15,920 Speaker 1: was named by Trump as his nominated to be the Commissioner. Now, 125 00:07:16,400 --> 00:07:20,000 Speaker 1: Atkins has a really deep background. From nineteen ninety to 126 00:07:20,080 --> 00:07:22,800 Speaker 1: ninety four, he served on the staff of two former 127 00:07:22,920 --> 00:07:26,880 Speaker 1: chairmen of the SEC. He was a commissioner from two 128 00:07:26,920 --> 00:07:29,960 Speaker 1: thousand and two to two thousand and eight. He's currently however, 129 00:07:30,000 --> 00:07:31,800 Speaker 1: and this is very interesting. I really want to get 130 00:07:31,840 --> 00:07:35,160 Speaker 1: your response to this. He's currently the co chair of 131 00:07:35,240 --> 00:07:39,600 Speaker 1: the Token Alliance, which is a cryptocurrency lobbying group for 132 00:07:39,720 --> 00:07:44,160 Speaker 1: the Chamber of Digital Commerce. What's your general sense of 133 00:07:44,200 --> 00:07:48,760 Speaker 1: these efforts to create a cryptocurrency like bitcoin or something else? 134 00:07:49,400 --> 00:07:52,680 Speaker 2: Very interesting. Many people think because ideal in goal that 135 00:07:52,760 --> 00:07:54,320 Speaker 2: I don't look at these other things, but I think 136 00:07:54,400 --> 00:07:59,920 Speaker 2: cryptocurrency is an important step. You have a financial view, 137 00:08:00,840 --> 00:08:04,360 Speaker 2: but you have a financial vehicle that's not as manipulated 138 00:08:04,520 --> 00:08:09,200 Speaker 2: as regular currency, and that's where it gets interesting, right. 139 00:08:09,720 --> 00:08:15,400 Speaker 2: But you also with cryptocurrencies, you are now sparking interest 140 00:08:15,560 --> 00:08:21,120 Speaker 2: by many younger people into economics. They're getting valuable lessons 141 00:08:21,160 --> 00:08:25,760 Speaker 2: on investing, on the economy and how currency actually works. 142 00:08:26,240 --> 00:08:29,640 Speaker 2: So there's a benefit to it from that aspect for 143 00:08:29,680 --> 00:08:33,000 Speaker 2: the youth, but also just in trade as well. The 144 00:08:33,080 --> 00:08:37,040 Speaker 2: ability to send money through a ledgered program like many 145 00:08:37,080 --> 00:08:41,920 Speaker 2: of these cryptocurrencies are. It speeds up remediation of payments 146 00:08:42,480 --> 00:08:45,720 Speaker 2: when you're involved in trade, and the bigger this market gets, 147 00:08:45,840 --> 00:08:49,320 Speaker 2: the bigger trade application it has. You can begin to 148 00:08:49,440 --> 00:08:55,079 Speaker 2: actually fund much larger trades, country to country trades through 149 00:08:55,080 --> 00:09:01,040 Speaker 2: a cryptocurrency. It takes the power of financial regulationations and 150 00:09:01,080 --> 00:09:03,960 Speaker 2: modifies them. It modernizes them to a degree. 151 00:09:04,480 --> 00:09:06,960 Speaker 1: I think there's an effort to sort of weaken it 152 00:09:06,960 --> 00:09:09,679 Speaker 1: and cripple it. In My impression is that Afkins has 153 00:09:09,679 --> 00:09:12,679 Speaker 1: been an advocate that this is part of a complex 154 00:09:12,720 --> 00:09:16,720 Speaker 1: future and that on a worldwide basis, it should be 155 00:09:16,760 --> 00:09:20,600 Speaker 1: a growing component of how things happen. And I take 156 00:09:20,640 --> 00:09:22,640 Speaker 1: it that you sort of share that this is a 157 00:09:22,720 --> 00:09:25,800 Speaker 1: move that has risks, but at the same time it 158 00:09:25,840 --> 00:09:28,000 Speaker 1: may well be an inevitable part of the world that's 159 00:09:28,040 --> 00:09:28,800 Speaker 1: growing out there. 160 00:09:29,760 --> 00:09:33,679 Speaker 2: I would agree with that. I often compare cryptocurrencies very 161 00:09:33,760 --> 00:09:36,679 Speaker 2: much to an asset like gold and silver. It's an 162 00:09:36,720 --> 00:09:40,880 Speaker 2: alternate form of currency. It's a way of safeguarding your 163 00:09:40,880 --> 00:09:45,520 Speaker 2: investment against what inflation does to just the US currency, 164 00:09:45,559 --> 00:09:47,920 Speaker 2: right or what it does to every currency around the world. 165 00:09:48,160 --> 00:09:50,560 Speaker 2: So it's a way of offsetting that. It's a way 166 00:09:50,559 --> 00:09:53,160 Speaker 2: of finding another way to protect what you've worked so 167 00:09:53,240 --> 00:09:56,280 Speaker 2: hard for. Now, do I think that cryptos are as 168 00:09:56,280 --> 00:09:59,360 Speaker 2: safe at gold, No, not at all. There's so much 169 00:09:59,400 --> 00:10:02,800 Speaker 2: movement this with volatility into it. But it's a new 170 00:10:03,000 --> 00:10:05,280 Speaker 2: form of currency. It's going to take a while. It's 171 00:10:05,280 --> 00:10:09,120 Speaker 2: still in its infant stages. So as it develops and 172 00:10:09,160 --> 00:10:12,040 Speaker 2: as it gets strength and support from the US government, 173 00:10:12,520 --> 00:10:15,520 Speaker 2: that's going to help give it the security that it needs. 174 00:10:15,520 --> 00:10:18,120 Speaker 2: It's going to help give it a plan to grow 175 00:10:18,360 --> 00:10:22,480 Speaker 2: without the stumbles that we'll typically see in a new 176 00:10:22,559 --> 00:10:26,840 Speaker 2: form of valuations for a currency as such. So I 177 00:10:26,880 --> 00:10:31,240 Speaker 2: think this step behind it helps really solidify how strong 178 00:10:31,280 --> 00:10:34,920 Speaker 2: it can be. And we have to recognize that it's here, 179 00:10:35,000 --> 00:10:39,160 Speaker 2: it's not going away. We've seen it rise rapidly, we've 180 00:10:39,160 --> 00:10:41,760 Speaker 2: seen it fall, we've seen it rise again, but what 181 00:10:41,840 --> 00:10:45,120 Speaker 2: we haven't seen is people leave. There is a large 182 00:10:45,160 --> 00:10:48,400 Speaker 2: majority of the population that believes in its value, so 183 00:10:48,920 --> 00:10:51,920 Speaker 2: it makes sense to have someone in office that understands 184 00:10:51,960 --> 00:10:53,880 Speaker 2: that and can help guide it to where it needs 185 00:10:53,880 --> 00:10:54,080 Speaker 2: to be. 186 00:10:54,920 --> 00:11:00,520 Speaker 1: I'm very impressed with the sophisticated way you're integrating these 187 00:11:00,600 --> 00:11:05,600 Speaker 1: kind of cryptocurrencies into a larger package and suggesting that 188 00:11:05,640 --> 00:11:09,280 Speaker 1: they have some real advantages and other disadvantages. But then 189 00:11:09,280 --> 00:11:13,079 Speaker 1: in a balanced portfolio, it's not illegitimate to consider them 190 00:11:13,120 --> 00:11:15,880 Speaker 1: as part of a package that would also include precious 191 00:11:15,920 --> 00:11:18,560 Speaker 1: metals and other kinds of investments. So you see that 192 00:11:18,640 --> 00:11:21,240 Speaker 1: as sort of a permanent, long term pattern. 193 00:11:22,280 --> 00:11:26,199 Speaker 2: Absolutely do, and I think it makes sense because diversity 194 00:11:26,240 --> 00:11:29,680 Speaker 2: is key to all things. So if we have something 195 00:11:29,679 --> 00:11:33,640 Speaker 2: that has embraced as widely as it is, it makes 196 00:11:33,720 --> 00:11:38,200 Speaker 2: sense to say, let's get it on board in our 197 00:11:38,240 --> 00:11:41,800 Speaker 2: diversification packages. But do it in the right way, do 198 00:11:41,840 --> 00:11:44,640 Speaker 2: it in a balanced portfolio, as everyone should do. It 199 00:11:44,720 --> 00:11:53,200 Speaker 2: makes sense it has earned its place in a person's portfolio. 200 00:12:02,400 --> 00:12:04,600 Speaker 1: Two of the people I ask you about, as you know, 201 00:12:05,160 --> 00:12:09,640 Speaker 1: the Federal Deposit Insurance Corporation Chair Martin Ruenberg, announced he's 202 00:12:09,720 --> 00:12:12,959 Speaker 1: retiring as of the nineteenth of January, which is the 203 00:12:13,040 --> 00:12:15,920 Speaker 1: day before Trump gets sworn in. His term actually didn 204 00:12:16,000 --> 00:12:18,959 Speaker 1: end until twenty twenty eight. Why do you think that 205 00:12:19,040 --> 00:12:22,520 Speaker 1: he is leaving since he's been at the FDICE since 206 00:12:22,520 --> 00:12:25,439 Speaker 1: two thousand and five and is the longest serving board 207 00:12:25,440 --> 00:12:28,600 Speaker 1: member in the agency's eighty nine year history. Now he 208 00:12:28,679 --> 00:12:32,360 Speaker 1: served as chair twice, once under Obama once under Biden. 209 00:12:32,679 --> 00:12:35,760 Speaker 1: So clearly he's ideologically different than Trump. But are you 210 00:12:35,840 --> 00:12:37,920 Speaker 1: a little surprised that he left us abruptly? 211 00:12:38,920 --> 00:12:43,240 Speaker 2: Definitely raises an eyebrow, But Again, it goes back to 212 00:12:43,520 --> 00:12:47,800 Speaker 2: what we've heard and we've seen. There is a politicalization 213 00:12:47,960 --> 00:12:51,400 Speaker 2: of government that shouldn't be there, and there shouldn't be 214 00:12:51,440 --> 00:12:56,280 Speaker 2: a politicalization of the FDIC. This is really a straightforward organization. 215 00:12:56,800 --> 00:13:01,280 Speaker 2: It's meant to safeguard and ensure banking and thereby our economy. 216 00:13:01,840 --> 00:13:05,720 Speaker 2: So the fact that he's leaving right before says a lot. 217 00:13:05,960 --> 00:13:08,880 Speaker 2: It says so much more than words could have said 218 00:13:08,920 --> 00:13:11,400 Speaker 2: had he tried to explain it. Now, it does make 219 00:13:11,440 --> 00:13:13,839 Speaker 2: me question a couple of things. Is there some problems 220 00:13:13,880 --> 00:13:17,040 Speaker 2: there that he knows will be brought to light. There 221 00:13:17,080 --> 00:13:19,720 Speaker 2: has been some speculation, there's been some figure pointing on 222 00:13:19,800 --> 00:13:22,240 Speaker 2: in the past. He was in charge when we saw 223 00:13:22,320 --> 00:13:26,600 Speaker 2: three very large banks fail. So it raises questions to 224 00:13:26,679 --> 00:13:29,200 Speaker 2: a degree to where we say, okay, what's next, what's 225 00:13:29,240 --> 00:13:31,760 Speaker 2: going to happen next? And I think when we look 226 00:13:31,800 --> 00:13:35,079 Speaker 2: at that and we say okay, the fact that he's 227 00:13:35,160 --> 00:13:38,320 Speaker 2: leaving does make it easier because now we have a 228 00:13:38,400 --> 00:13:42,080 Speaker 2: clean slate for an appointment, right we can put someone 229 00:13:42,120 --> 00:13:45,000 Speaker 2: in there who's going to work with the administration and 230 00:13:45,080 --> 00:13:48,120 Speaker 2: the goals of that administration. And when you get an 231 00:13:48,160 --> 00:13:50,400 Speaker 2: administration and you have a plan. You need all the 232 00:13:50,440 --> 00:13:54,559 Speaker 2: people on board working on that plan, so it positive. 233 00:13:54,600 --> 00:13:58,719 Speaker 1: I think in his case, it may be really good citizenship. 234 00:14:00,240 --> 00:14:03,840 Speaker 1: He recognized that Trump had won the country, had given 235 00:14:03,880 --> 00:14:06,320 Speaker 1: a pretty clear message since he got actually a majority 236 00:14:06,360 --> 00:14:09,439 Speaker 1: of the vote. Rather than fight with him, Greenberg after 237 00:14:09,480 --> 00:14:12,200 Speaker 1: always had so much experience there that he may have 238 00:14:12,280 --> 00:14:14,079 Speaker 1: just thought time for me to move on. Let me 239 00:14:14,120 --> 00:14:16,040 Speaker 1: ask you about one of the one which is somebody 240 00:14:16,080 --> 00:14:18,600 Speaker 1: who's not leaving and not going to be removed, and 241 00:14:18,640 --> 00:14:21,840 Speaker 1: that is Jerome Powell, the chairman of the Federal Reserve. 242 00:14:22,440 --> 00:14:26,480 Speaker 1: Trump has indicated that he's happy to have Powell stay, 243 00:14:26,960 --> 00:14:29,600 Speaker 1: and Palell's indicated he's going to say, what is your 244 00:14:29,640 --> 00:14:31,160 Speaker 1: take on that? I mean, how do you feel about 245 00:14:31,200 --> 00:14:34,120 Speaker 1: how the Federal Reserve has operated and whether or not 246 00:14:34,560 --> 00:14:36,840 Speaker 1: they've been aggressive enough on inflation? 247 00:14:37,480 --> 00:14:41,080 Speaker 2: He gets tricky for me. We've talked about this, and 248 00:14:41,120 --> 00:14:43,040 Speaker 2: I'm out there on the record saying I don't think 249 00:14:43,120 --> 00:14:46,320 Speaker 2: that Chairman Powell has done a magnificent job. I think 250 00:14:46,360 --> 00:14:49,760 Speaker 2: that he's taken too long to fight inflation when we 251 00:14:49,800 --> 00:14:54,240 Speaker 2: saw that happening. I think he has been behind the 252 00:14:54,280 --> 00:14:58,360 Speaker 2: eight ball for most of the past five years. It 253 00:14:58,400 --> 00:15:01,000 Speaker 2: would be fair to say, do I think that he 254 00:15:01,080 --> 00:15:04,760 Speaker 2: doesn't know what he's doing. That's another question. You at 255 00:15:04,800 --> 00:15:08,640 Speaker 2: some point have to look and say, what is the 256 00:15:08,680 --> 00:15:13,480 Speaker 2: politics in the room, because ultimately his job is to 257 00:15:13,520 --> 00:15:17,520 Speaker 2: steer the board, but that's with input from the board 258 00:15:18,440 --> 00:15:22,880 Speaker 2: and also from the administration. The fact that President Trump 259 00:15:22,920 --> 00:15:25,240 Speaker 2: is saying I'm not asking him to leave, I don't 260 00:15:25,360 --> 00:15:29,040 Speaker 2: want him to leave is interesting to me because we 261 00:15:29,160 --> 00:15:33,520 Speaker 2: know one thing. President Trump is looking to fix things. 262 00:15:34,160 --> 00:15:38,960 Speaker 2: He sees a value in Chairman Powell thinking an intelligent man. 263 00:15:40,000 --> 00:15:47,120 Speaker 2: I think that he can manage the Federal Reserve because 264 00:15:47,120 --> 00:15:50,400 Speaker 2: of the experience he has. He does understand tariff He's 265 00:15:50,440 --> 00:15:54,720 Speaker 2: been involved in economics for many, many years, and if 266 00:15:54,720 --> 00:15:57,480 Speaker 2: we go back to the days when we're imposing tariffs 267 00:15:57,960 --> 00:16:01,080 Speaker 2: as punishment against the nations, he understood how that affected 268 00:16:01,120 --> 00:16:03,840 Speaker 2: the economy as well. So I think there's value there. 269 00:16:04,240 --> 00:16:07,200 Speaker 2: I think the most important thing that needs to happen 270 00:16:08,040 --> 00:16:10,440 Speaker 2: is the two of them need to speak and clear 271 00:16:10,480 --> 00:16:15,640 Speaker 2: some grievances and set forth on a policy that makes sense. Now, 272 00:16:15,720 --> 00:16:19,360 Speaker 2: ultimately the president shouldn't dictate, but we all know that 273 00:16:19,400 --> 00:16:22,960 Speaker 2: the administration does have some power when you're running the 274 00:16:23,000 --> 00:16:25,560 Speaker 2: federal reserve. You have to say, where is the nation going? 275 00:16:25,680 --> 00:16:31,840 Speaker 2: Because I need to protect the dollar from the trials 276 00:16:31,840 --> 00:16:35,560 Speaker 2: that will come from a teriff based economy and what 277 00:16:35,600 --> 00:16:37,600 Speaker 2: this administration is moving. We need to make sure that 278 00:16:37,600 --> 00:16:41,760 Speaker 2: there's valuation there so that success can happen. And I 279 00:16:41,800 --> 00:16:45,120 Speaker 2: don't believe that power would try to sabotage that. It 280 00:16:45,240 --> 00:16:48,560 Speaker 2: just may mean some modification of the way they've leaned 281 00:16:48,560 --> 00:16:49,640 Speaker 2: for the past five years. 282 00:16:50,080 --> 00:16:52,960 Speaker 1: Let me ask you, when you see these new people 283 00:16:53,000 --> 00:16:55,800 Speaker 1: and you see what Trump has been saying, how does 284 00:16:55,840 --> 00:17:00,400 Speaker 1: all that fit into having a balanced investment portfolio? And 285 00:17:00,440 --> 00:17:05,399 Speaker 1: in your judgment, what component of that is involving gold 286 00:17:05,440 --> 00:17:09,720 Speaker 1: and silver and working with a company like Legacy Precious Metals. 287 00:17:10,520 --> 00:17:13,919 Speaker 2: That's a great question. And I say this by saying 288 00:17:14,400 --> 00:17:17,639 Speaker 2: I'm behind the changes that are to come, but I 289 00:17:17,680 --> 00:17:21,800 Speaker 2: will tell you that when you have an economy that 290 00:17:21,960 --> 00:17:27,160 Speaker 2: is addicted to free money and government bailout, that addiction 291 00:17:27,280 --> 00:17:30,840 Speaker 2: becomes very strong. The changes we're about to make, a 292 00:17:30,920 --> 00:17:35,960 Speaker 2: tariff based reduction of government spending, it is what's needed 293 00:17:35,960 --> 00:17:39,960 Speaker 2: to happen. But with any addiction, you have to fight 294 00:17:40,040 --> 00:17:44,600 Speaker 2: the withdrawal from this action that we're going to be taking. 295 00:17:45,119 --> 00:17:47,199 Speaker 2: We have an economy that does not know how to 296 00:17:47,320 --> 00:17:54,399 Speaker 2: run on sound business financial decisions. So the changes are necessary, 297 00:17:54,920 --> 00:17:58,600 Speaker 2: but there are bumps in the road. I would tell 298 00:17:58,640 --> 00:18:03,199 Speaker 2: you now more than ever, you need to diversify. We 299 00:18:03,280 --> 00:18:05,400 Speaker 2: need to look at this from a big picture. If 300 00:18:05,440 --> 00:18:08,880 Speaker 2: you take tariffs, right, and you take all the companies 301 00:18:08,920 --> 00:18:11,840 Speaker 2: that build something overseas and bring them back if it 302 00:18:11,920 --> 00:18:15,360 Speaker 2: now cost them twenty five percent more to do so, 303 00:18:15,680 --> 00:18:17,520 Speaker 2: how do they sell in the US market? Do they 304 00:18:17,560 --> 00:18:20,840 Speaker 2: increase or do they try to cut their profit margin 305 00:18:22,240 --> 00:18:25,240 Speaker 2: to continue sales? And if they do that, what is 306 00:18:25,280 --> 00:18:28,240 Speaker 2: the effect on their balance sheets? Now we're talking about 307 00:18:28,280 --> 00:18:31,320 Speaker 2: affecting equities. This is where we jump down into the 308 00:18:31,400 --> 00:18:35,440 Speaker 2: rabbit hole, okay, and this is where we say, we 309 00:18:35,480 --> 00:18:38,199 Speaker 2: know we still have inflation. It hasn't been beat. We 310 00:18:38,320 --> 00:18:40,840 Speaker 2: know that the numbers came out. We're still there. It's sticky. 311 00:18:41,240 --> 00:18:43,280 Speaker 2: We have a little ways to go. Yet, there's still 312 00:18:43,359 --> 00:18:45,960 Speaker 2: fight there. And then you look at this and say 313 00:18:46,400 --> 00:18:48,920 Speaker 2: we're going to reduce this much money from the budget. 314 00:18:49,800 --> 00:18:52,399 Speaker 2: Means jobs are going away. Federal jobs have to go 315 00:18:52,480 --> 00:18:56,160 Speaker 2: away with these kind of cuts. It's what is necessary. 316 00:18:56,240 --> 00:18:58,719 Speaker 2: The good news is we have a private market that 317 00:18:58,760 --> 00:19:01,320 Speaker 2: can absorb those people. They're just going to have to 318 00:19:01,400 --> 00:19:04,199 Speaker 2: change their mindset about how they're going to work, and 319 00:19:04,240 --> 00:19:08,120 Speaker 2: that takes time as well. I believe we see a recession. 320 00:19:08,640 --> 00:19:11,560 Speaker 2: It's been in the works for many years. Recessions are 321 00:19:11,640 --> 00:19:14,960 Speaker 2: very hard to stop. But the important part of it 322 00:19:15,040 --> 00:19:18,280 Speaker 2: is the fix is in place. So I believe the 323 00:19:18,359 --> 00:19:22,160 Speaker 2: recession was going to happen regardless of who won. Here's 324 00:19:22,160 --> 00:19:25,960 Speaker 2: the difference. Trump win means it's a much shorter, less 325 00:19:26,040 --> 00:19:29,320 Speaker 2: harsh recession, but there will be one. So for me, 326 00:19:30,320 --> 00:19:33,960 Speaker 2: precious metals are more important now than ever because we 327 00:19:34,119 --> 00:19:36,919 Speaker 2: know change is going to be difficult, and we know 328 00:19:36,960 --> 00:19:39,840 Speaker 2: that it's coming. It's been promised to us. The good 329 00:19:39,880 --> 00:19:42,080 Speaker 2: news is in the long run, we'll have the economy 330 00:19:42,080 --> 00:19:45,440 Speaker 2: that we want, and that's the great aspect of it all. 331 00:19:45,480 --> 00:19:48,200 Speaker 2: But in the meanwhile, you need that diversification. 332 00:20:02,800 --> 00:20:06,919 Speaker 1: So in that context, if somebody does want to explore diversification, 333 00:20:07,600 --> 00:20:10,920 Speaker 1: how can they reach legacy precious medals and how can 334 00:20:10,960 --> 00:20:14,000 Speaker 1: they feel comfortable with the rules that set up by 335 00:20:14,400 --> 00:20:15,680 Speaker 1: Legacy Precious Medals. 336 00:20:16,680 --> 00:20:20,880 Speaker 2: You can obviously go online Legacy Pminvestments dot com. Probably 337 00:20:20,880 --> 00:20:22,560 Speaker 2: the best way, though, is to give us a call 338 00:20:22,880 --> 00:20:25,600 Speaker 2: you can reach us at eight sixty six four eight 339 00:20:25,760 --> 00:20:29,160 Speaker 2: four four zero four to three, And what you want 340 00:20:29,160 --> 00:20:32,800 Speaker 2: to do is give us a call and ask us questions. 341 00:20:33,160 --> 00:20:35,320 Speaker 2: We're going to show you all the options. My team 342 00:20:35,480 --> 00:20:38,800 Speaker 2: is readily available to answer any and all questions, and 343 00:20:38,840 --> 00:20:42,640 Speaker 2: most importantly, we're going to discuss your scenario. We have 344 00:20:43,200 --> 00:20:46,200 Speaker 2: nothing that we need to move and try to sell you. 345 00:20:46,640 --> 00:20:49,720 Speaker 2: It's not what we do. You know, gold holds its value, 346 00:20:49,880 --> 00:20:52,159 Speaker 2: that's what it's meant to do. It should be a 347 00:20:52,200 --> 00:20:55,760 Speaker 2: part of every diversified portfolio. So what we want to 348 00:20:55,760 --> 00:20:58,879 Speaker 2: do is saying, knowing this volatility is coming, how do 349 00:20:58,960 --> 00:21:02,399 Speaker 2: we help you. Because each person's portfolio is a little different. 350 00:21:03,280 --> 00:21:05,399 Speaker 2: Gold's going to hold its value. It's going to protect 351 00:21:05,400 --> 00:21:09,680 Speaker 2: your other assets. So by having that conversation, we can 352 00:21:09,720 --> 00:21:12,520 Speaker 2: say here's what you're looking at, and here's what we 353 00:21:12,560 --> 00:21:16,639 Speaker 2: think makes sense. You get to select from all of 354 00:21:16,680 --> 00:21:19,000 Speaker 2: the investments we have available. You get to choose what 355 00:21:19,040 --> 00:21:21,399 Speaker 2: makes the most sense for you. But you're going to 356 00:21:21,440 --> 00:21:23,520 Speaker 2: be speaking with someone who can explain it in a 357 00:21:23,560 --> 00:21:27,240 Speaker 2: way that's understandable, and that's very important. You know, we 358 00:21:27,359 --> 00:21:29,760 Speaker 2: have very low transaction fees. We have some of the 359 00:21:29,760 --> 00:21:32,800 Speaker 2: best prices in the industry while still being a full 360 00:21:32,840 --> 00:21:37,560 Speaker 2: service organization. We have real time pricing. We're very transparent, 361 00:21:38,280 --> 00:21:41,200 Speaker 2: and we're easy to discuss things with. That's an important 362 00:21:41,200 --> 00:21:43,520 Speaker 2: thing too. You give us a call, we answer the phone. 363 00:21:43,600 --> 00:21:45,919 Speaker 2: We're here for you. We kind of look at this 364 00:21:45,960 --> 00:21:48,480 Speaker 2: as we're working together to help you get to where 365 00:21:48,480 --> 00:21:50,640 Speaker 2: you want to be in your investments and in your 366 00:21:50,640 --> 00:21:52,640 Speaker 2: retirements and in your portfolio. 367 00:21:53,320 --> 00:21:56,080 Speaker 1: I just mentioned that people who want to follow up 368 00:21:56,080 --> 00:22:00,600 Speaker 1: on this can call eight six ' six eight for 369 00:22:01,240 --> 00:22:04,520 Speaker 1: four to ho four three and your team will be 370 00:22:04,560 --> 00:22:07,280 Speaker 1: ready for them to sort of answer whatever they. 371 00:22:07,240 --> 00:22:10,800 Speaker 2: Want to know absolutely, and that's the important part, right. 372 00:22:11,320 --> 00:22:14,920 Speaker 2: It's important to be able to ask your questions get 373 00:22:14,920 --> 00:22:17,960 Speaker 2: information that maybe you didn't even think you needed to know. Right, 374 00:22:18,040 --> 00:22:19,879 Speaker 2: We're going to be there, so we'll give you the 375 00:22:19,920 --> 00:22:23,000 Speaker 2: complete picture, and then you can make an informed decision. 376 00:22:23,720 --> 00:22:26,600 Speaker 2: The best way to remove fear and doubt about your 377 00:22:26,640 --> 00:22:30,120 Speaker 2: portfolio is to know why you're doing it and understand 378 00:22:30,160 --> 00:22:32,480 Speaker 2: how it works. And I think that's one of the 379 00:22:32,560 --> 00:22:36,600 Speaker 2: things that's really been missing in financial planning. You get 380 00:22:36,640 --> 00:22:38,320 Speaker 2: a hold of somebody, they say you do this, you 381 00:22:38,359 --> 00:22:41,560 Speaker 2: do that, you don't know why we're going to remove 382 00:22:41,560 --> 00:22:44,320 Speaker 2: that for you. You can expect to have a conversation 383 00:22:44,400 --> 00:22:48,760 Speaker 2: with us about your financial goals, what your risk tolerances are, 384 00:22:49,720 --> 00:22:52,560 Speaker 2: how long you have till retirement. Right. These are going 385 00:22:52,600 --> 00:22:54,160 Speaker 2: to be the things that we use to help set 386 00:22:54,240 --> 00:22:58,080 Speaker 2: up your investment options, and it's important for us and 387 00:22:58,119 --> 00:23:00,479 Speaker 2: my sales team's entire goal is to make sure all 388 00:23:00,520 --> 00:23:03,479 Speaker 2: that information is available to you so you make the 389 00:23:03,520 --> 00:23:04,600 Speaker 2: most informed decision. 390 00:23:04,960 --> 00:23:07,200 Speaker 1: I can't let you go until we talk about one 391 00:23:07,240 --> 00:23:10,480 Speaker 1: of my favorite subjects, and that is the contract with 392 00:23:10,560 --> 00:23:15,720 Speaker 1: America Silver Coin, which was created exclusively by Legacy Precious Metals. 393 00:23:16,119 --> 00:23:19,000 Speaker 1: And as I understand it, listeners can now order the 394 00:23:19,040 --> 00:23:21,880 Speaker 1: collectible coin on its own, but you have a new 395 00:23:22,200 --> 00:23:25,439 Speaker 1: special offer for them. Would you describe this special offer 396 00:23:25,480 --> 00:23:26,600 Speaker 1: for NEWTS World listeners. 397 00:23:27,119 --> 00:23:29,400 Speaker 2: We came up with this today and I think it's important. 398 00:23:29,480 --> 00:23:32,199 Speaker 2: It's a special offer for NEWTS World listeners. If you 399 00:23:32,280 --> 00:23:35,040 Speaker 2: call us today and you decide to roll over a 400 00:23:35,160 --> 00:23:40,000 Speaker 2: qualified IRA into a Legacy Precious Metals account, we're going 401 00:23:40,040 --> 00:23:42,639 Speaker 2: to send you a contract with America Coin for free 402 00:23:42,920 --> 00:23:46,439 Speaker 2: directly to you, not as part of the IRA. But 403 00:23:46,520 --> 00:23:48,520 Speaker 2: we're also going to do this because I think it's 404 00:23:48,600 --> 00:23:52,520 Speaker 2: this important that you do this for your financial portfolio. 405 00:23:53,200 --> 00:23:56,080 Speaker 2: We're also going to cover the setup fees to roll 406 00:23:56,080 --> 00:23:59,760 Speaker 2: over that IRA you get the coin, we remove the 407 00:23:59,760 --> 00:24:03,359 Speaker 2: fee ease. But more importantly, and that's all great things 408 00:24:03,400 --> 00:24:07,199 Speaker 2: to have, you get the protection of precious metals in 409 00:24:07,280 --> 00:24:10,560 Speaker 2: your retirement account. We want to remove all the things 410 00:24:10,600 --> 00:24:12,359 Speaker 2: that are going to stop you from doing it, and 411 00:24:12,400 --> 00:24:14,680 Speaker 2: this is a great way to do it. Not only 412 00:24:14,680 --> 00:24:16,960 Speaker 2: do you have no fees on it, but that newt 413 00:24:17,040 --> 00:24:19,480 Speaker 2: coin it's a beautiful piece and I think once you 414 00:24:19,520 --> 00:24:21,640 Speaker 2: get it into your hands, you're going to appreciate it. 415 00:24:21,920 --> 00:24:24,720 Speaker 2: So that's our special offer for you today, as newts 416 00:24:24,720 --> 00:24:27,520 Speaker 2: World listeners give us a call, we're going to wave 417 00:24:27,560 --> 00:24:29,360 Speaker 2: those fees and we're going to get that coin in. 418 00:24:29,320 --> 00:24:32,520 Speaker 1: Your hands so they can call at eight six six 419 00:24:33,560 --> 00:24:36,160 Speaker 1: four eight four four oh four three. That as each 420 00:24:36,200 --> 00:24:39,600 Speaker 1: of you can call eight sixty six four eight four 421 00:24:40,040 --> 00:24:41,000 Speaker 1: four oh four three. 422 00:24:41,480 --> 00:24:43,280 Speaker 2: You give us a call if you decide to roll 423 00:24:43,280 --> 00:24:46,200 Speaker 2: over your qualified IRA. We're going to not only help 424 00:24:46,240 --> 00:24:49,360 Speaker 2: you with that, but we're going to include a contract 425 00:24:49,440 --> 00:24:54,560 Speaker 2: with America Coin for getting your IRA started will help 426 00:24:54,600 --> 00:24:56,480 Speaker 2: you set it all up. We have an entire team 427 00:24:56,520 --> 00:25:00,480 Speaker 2: here to really make that process simple and easy. Importantly, 428 00:25:01,080 --> 00:25:03,200 Speaker 2: you get protected, but then you get a NEWT coin. 429 00:25:03,800 --> 00:25:05,760 Speaker 2: I got to tell you, guys, it's a beautiful piece. 430 00:25:06,000 --> 00:25:10,120 Speaker 2: You're going to love it, and it celebrates America when 431 00:25:10,160 --> 00:25:11,680 Speaker 2: it was strong and as we get back to a 432 00:25:11,760 --> 00:25:15,840 Speaker 2: strong America. I think the correlation is perfect. Protect your 433 00:25:15,880 --> 00:25:18,280 Speaker 2: portfolio and celebrate America. 434 00:25:18,520 --> 00:25:21,159 Speaker 1: That was very honored when I saw the coin and 435 00:25:21,200 --> 00:25:24,120 Speaker 1: I realized that the folks who designed the coin got 436 00:25:24,280 --> 00:25:27,000 Speaker 1: all ten pillars of the contract on the back of 437 00:25:27,000 --> 00:25:29,840 Speaker 1: the coin. I mean, so it's really a remarkable coin 438 00:25:29,920 --> 00:25:33,639 Speaker 1: and remarkable collector's item in terms of American history in 439 00:25:33,680 --> 00:25:36,960 Speaker 1: a moment that really changed a lot of things. And Charles, 440 00:25:37,000 --> 00:25:39,560 Speaker 1: I'm want to thank you for joining me and helping 441 00:25:39,600 --> 00:25:42,840 Speaker 1: me and our listeners make sense of the current economic 442 00:25:42,960 --> 00:25:45,920 Speaker 1: environment and how we can say for our retirement with 443 00:25:46,040 --> 00:25:49,800 Speaker 1: a diverse portfolio that includes precious metals like gold and silver. 444 00:25:50,119 --> 00:25:52,240 Speaker 1: And I want to let our listeners know if they 445 00:25:52,320 --> 00:25:55,639 Speaker 1: want more information, they can call Charles and his team 446 00:25:56,040 --> 00:26:00,280 Speaker 1: at Legacy Precious Medals directly at eight sixty six four 447 00:26:00,320 --> 00:26:03,639 Speaker 1: eight four four oh four three. That's eight sixty six 448 00:26:04,240 --> 00:26:08,520 Speaker 1: four eight four four oh four three or visit Legacy 449 00:26:08,560 --> 00:26:12,960 Speaker 1: online at Legacypminvestments dot com and Charles, I can't thank 450 00:26:13,000 --> 00:26:16,320 Speaker 1: you enough for taking your time out to share with us. 451 00:26:16,640 --> 00:26:18,199 Speaker 2: So is this pipe pleasure? Thank you? 452 00:26:22,600 --> 00:26:25,040 Speaker 1: Thank you to my guest, Charles Thornburn. You can learn 453 00:26:25,080 --> 00:26:30,800 Speaker 1: more about Legacy Precious Metals at Legacypminvestments dot com. Newtsworld 454 00:26:30,840 --> 00:26:34,840 Speaker 1: is produced by Gingish three sixty and iHeartMedia. Our executive 455 00:26:34,880 --> 00:26:38,480 Speaker 1: producer is Guarnsey Sloan and our researcher is Rachel Peterson. 456 00:26:38,880 --> 00:26:41,920 Speaker 1: The artwork for the show was created by Steve Penley. 457 00:26:42,520 --> 00:26:45,560 Speaker 1: Special thanks to the team at Ginglish three sixty. If 458 00:26:45,560 --> 00:26:48,119 Speaker 1: you've been enjoying Newtsworld, I hope you'll go to Apple 459 00:26:48,160 --> 00:26:51,440 Speaker 1: Podcast and both rate us with five stars and give 460 00:26:51,520 --> 00:26:54,440 Speaker 1: us a review so others can learn what it's all about. 461 00:26:55,080 --> 00:26:58,160 Speaker 1: Right now, listeners of Newtsworld consign up for my three 462 00:26:58,440 --> 00:27:02,800 Speaker 1: free weekly columns at gnglishwe sixty dot com slash newsletter. 463 00:27:03,320 --> 00:27:06,960 Speaker 1: I am newt Gnglish. This is Newtsworld. This episode of 464 00:27:07,000 --> 00:27:09,719 Speaker 1: newts World was brought to you by Legacy Precious Metals.