4.7 • 6.3K Ratings
🗓️ 30 September 2022
⏱️ 43 minutes
🧾️ Download transcript
Rising grocery prices, supply chain issues, the highest inflation in 40 years, uncertainty in the markets and interest rate increases, all of these factors add up to economic instability for many Americans. And almost everyone wants to know how they can protect their own finances now and also invest in their future. Newt’s guest is Charles Thorngren, CEO of Legacy Precious Metals. www.buylegacygold.com/newt
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0:00.0 | Hi, this is Newt. Did you know that you can listen to my Newt's World Podcast on the iHeart app? |
0:04.9 | The team at iHeart has created several new features on the app I wanted to share with you. |
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0:25.9 | Hi, iHeart discover music, radio and podcast you'll love. |
0:30.5 | On this episode of Newt's World, we are experiencing the highest inflation in 40 years and the |
0:41.0 | Federal Reserve continues to raise interest rates to help curb the rise of inflation, which |
0:46.5 | leads to uncertainty in the stock market. Americans household budgets are feeling the impact. |
0:53.0 | The Food Index alone has risen over 11.4% over the last year, which means we're all paying |
0:58.9 | more for groceries to feed our families. Almost everyone I talk with wants to know why we are |
1:05.0 | facing such a challenging economic situation and how they can protect their own finances |
1:10.4 | and investments. It's a very personal question and a very difficult time. |
1:15.4 | So I want to talk with somebody who has been advising people on their personal finances |
1:19.2 | and investments for over 25 years, which is why I'm really pleased to welcome back my guest, |
1:25.9 | Charles Tharnbrun, the CEO of Legacy Precious Metals. |
1:37.8 | Charles, thank you for joining me again on Newt's World. |
1:40.4 | Always my pleasure. Thank you for having us back, Newton. We appreciate it. |
1:43.8 | You know, I thought we would start with something you and I have chat about earlier, |
1:48.3 | and that is the state of the current economy and maybe some parallels back to the 1970s. |
1:54.2 | When I mentioned in my introduction that the Food Index has risen 11.4% over the past year, |
2:00.8 | according to the latest consumer price index figures, which is the largest 12-month jump |
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