Trump has leveled a lot of criticism at the Federal Reserve over that last several months. This has led some people to proclaim that the president is an enemy of the Fed. But as Mike Maharrey explains in this week's Friday Gold Wrap podcast, Trump is no Ron Paul. The president's beef with the Fed is more about policy and less about the central bank itself. And we should never forget -- policy has consequences. In this episode, Mike gives a simple overview of how the Fed creates boom-bust cycles and why Trump needs more boom. He also covers the latest on the trade war and what's going on in the gold market.

Visit the show notes page here: https://bit.ly/2E0EQg6

Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary. For more information visit https://schiffgold.com/news.