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Rate Cut! Tariff Hike! ShiffGold Friday Gold Wrap August 2, 2019

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The Federal Reserve came through with its first interest rate cut in more than a decade this week. But with Jerome Powell trying desperately to convince everybody that this wasn’t the beginning of a long cutting cycle, the stock markets weren’t pleased. And neither was President Trump. So, he decided to put his own fingerprint on the markets, announcing new tariffs on Chinese products. In this week’s Friday Gold Wrap podcast, host Mike Maharrey breaks it all down and explains how it impacted the gold market.

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

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.

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You Can Also Listen on SoundCloud

SHOW NOTES

Peter Schiff: Gold Will Go Much Higher Than $5,000 (Video)

Smoke and Mirrors: The “Great Economy” Is Built on Spending and Debt

The Fed’s Endless Boom-Bust Cycle

Learnin’ Some Economics: It’s Your Dime Interview With Wall Street Trainer Alex Merced

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