Charles Goyette is a New York Times bestselling author and spent many years as a popular Phoenix radio personality. His latest book is titled, The Dollar Meltdown: Surviving the Impending Currency Crisis with Gold, Oil, and Other Unconventional Investments.

Early in the new session of Congress, the United States will reach the statutory debt limit of $14.3 Trillion. The debt limit will have to be raised, again. That will make 11 increases in the national debt limit in the last 10 years.

Charles sees inflation coming because there has been a rise in the real costs of commodities. Food prices are up 48%. Energy is up 23%.

Charles believes people should own some hard assets—gold and silver—and keep in in their possession. He doesn’t think gold is on a bubble because the average US citizen is not buying gold.

Listen to the entire interview below: