Welcome to Red Rock’s Daily Global Gold News
The editorial team at Red Rock Secured diligently searches all the top gold news sources daily to deliver to you the day’s most relevant gold and precious metals market news.
Global Gold News – January 22, 2021
President Joe Biden will oversee an economy that is “in the late stage of an epic bubble,” says billionaire real estate developer Jeff Greene.
Global Gold News – January 21, 2021
Famed investor Jeremy Grantham on Thursday reiterated his warning that Wall Street is in a bubble as individual traders get “carried away.”
Global Gold News – January 20, 2021
The nation will mark the inauguration of the 46th president of the United States on Wednesday, two weeks after the deadly insurrection at the U.S.…
Global Gold News – January 19, 2021
Many economists and business leaders agree that no amount of government assistance can fix the economy until the underlying cause of the problems — the…
Global Gold News – January 15, 2021
The national debt spiked by $7 trillion during Trump’s tenure — and it’s about to soar much higher under his successor.
Global Gold News – January 14, 2021
It’s tempting to think now that 2020 is over, the economy will soon snap back to normal. But that’s still far off.
Global Gold News – January 13, 2021
The value of Russian gold in its forex reserves has surpassed the country’s U.S. dollar holdings for the first time, said Russia’s central bank.
Global Gold News – January 12, 2021
According to a leading economist, the market is placing too much emphasis on the Federal Reserve holding interest rates at zero to prevent the economy…
Global Gold News – January 11, 2021
Political instability often weighs on currencies around the world, and the violence displayed at the Capitol is unlikely to bolster confidence in the US dollar…
Global Gold News – January 8, 2021
Job growth in the U.S. likely slowed sharply at the end of the year as the unemployment rate ticked up, as the pandemic that rocked…
Global Gold News – January 7, 2021
Private payrolls in December contracted for the first time since the early days of the coronavirus pandemic, according to a report Wednesday from ADP.
Global Gold News – January 6, 2021
The global economy could be in for “a lost decade” with subdued growth after the Covid-19 pandemic triggered the worst economic recession since World War…
Global Gold News – January 5, 2021
Some market participants are starting to worry that with stock valuations reaching generational highs and the Fed so far not sharing any bubble concerns, the…
Global Gold News – January 4, 2021
The new year could bring new records for gold and silver.
Global Gold News – December 30, 2020
With only a few days to go, the United States will likely fall short of its goal to vaccinate 20 million Americans by the year’s…
Global Gold News – December 29, 2020
There were dozens of retail bankruptcies in 2020, and experts say the pain isn’t over yet.
Global Gold News – December 28, 2020
As 2020 draws to a close, many investors consider Asia as the region with one of the best economic prospects next year thanks to its…
Global Gold News – December 23, 2020
Silver’s bull market is just beginning, said Bloomberg Intelligence, which sees silver as the “primary metal” benefitting from electrification and quantitative easing next year.
Global Gold News – December 22, 2020
It was a bumpy ride for US stocks on Monday as worries over a new variant of the coronavirus overshadowed the news of a second…
Global Gold News – December 21, 2020
A growing list of European Union nations and Canada barred travel from the U.K. on Sunday and others were considering similar action, in a bid…
Global Gold News – December 18, 2020
The U.S. dollar on Thursday plunged to a more than 2.5-year low against a basket of its peers after the Federal Reserve pledged to keep…
Global Gold News – December 17, 2020
The path of the economy will depend significantly on the course of the virus. The ongoing public health crisis will continue to weigh on economic…
Global Gold News – December 16, 2020
The International Energy Agency has once again downgraded its forecast for 2021, saying that it will take months for coronavirus vaccines to start reversing the…
Global Gold News – December 15, 2020
Germany, the fourth largest economy in the world, is heading into a national lockdown that could send it into another recession — a major warning…
Global Gold News – December 14, 2020
The Trump administration acknowledged reports on Sunday that a group backed by a foreign government carried out a cyberattack on the U.S. Treasury Department and…
Global Gold News – December 11, 2020
A swath of small-business owners who have been fighting tooth and nail to keep their operations alive during the economic downturn fear their businesses won’t…
Global Gold News – December 10, 2020
Before the economic benefits of vaccines are felt, a “deterioration” in the Covid situation in Europe and the U.S. would weigh down the economy
Global Gold News – December 9, 2020
If you had said at the start of 2020 that the economy would shut down, the unemployment rate would skyrocket and earnings would plunge due…
Global Gold News – December 8, 2020
Gold is up about 23% this year, benefiting from its appeal as a hedge against inflation that could result from the unprecedented stimulus unleashed in…
Global Gold News – December 7, 2020
The dollar has weakened by nearly 12% against a basket of top currencies since peaking in March. Last week, it hit its lowest level since…
Global Gold News – December 4, 2020
The economic recovery is rapidly losing momentum, and millions of Americans are counting on Uncle Sam to come to the rescue.
Global Gold News – December 2, 2020
President-Elect Joe Biden announced members of his economic team this week, including a longtime adviser who has some ideas for reinvigorating the economy when the…
Global Gold News – December 1, 2020
Federal Reserve Chairman Jerome Powell said the outlook for the United States economy is “extraordinarily uncertain”
Global Gold News – November 30, 2020
Citigroup in recent weeks came out with a $2,500 price target on the yellow metal for 2021, comparing its mosaic of catalysts to that of…
Global Gold News – November 25, 2020
Cramer calls this stock market environment ‘the most speculative’ he’s ever seen.
Global Gold News – November 24, 2020
Investors have made up their minds: For the time being, vaccine euphoria is outweighing bad economic news triggered by coronavirus restrictions.
Global Gold News – November 23, 2020
JPMorgan economists now see an economic contraction in the first quarter due to the spreading coronavirus and related restrictions being imposed by states and cities.
Global Gold News – November 20, 2020
The recent surge in bitcoin’s price has created some new believers, but the cryptocurrency will never supplant gold as a store of value or medium…
Global Gold News – November 19, 2020
Stocks fell on Thursday as the market’s rally this month loses steam amid disappointing U.S. unemployment data and rising coronavirus cases.
Global Gold News – November 18, 2020
Wall Street reversed course on Tuesday, with stocks pulling back one day after reaching new record highs.
Global Gold News – November 17, 2020
The U.S. economy still needs fiscal help from Congress even with the increased probability that widespread vaccine availability is now in sight, former New York…
Global Gold News – November 16, 2020
Gold prices touched a one-week high on Monday propped up by a weaker dollar, while mounting U.S. coronavirus cases escalated concerns of the pandemic’s impact…
Global Gold News – November 13, 2020
The Covid-19 pandemic brought the economy to a screeching halt, and while it has started its long road to recovery, the economy we knew is…
Global Gold News – November 12, 2020
Gold’s popularity amongst retail investors is set to rise, and this is going to propel prices to $5,000 an ounce, said Rob McEwen, chairman of…
Global Gold News – November 11, 2020
The gold market has been stuck in a fairly narrow range for nearly two months, and time is quickly running out if the precious metal…
Global Gold News – November 10, 2020
Gold rose 1% on Tuesday, following a sharp slide in the last session, as focus returned to the likelihood of more monetary stimulus to revive…
Global Gold News – November 9, 2020
China and Russia held off congratulating U.S. President-elect Joe Biden on Monday, with Beijing saying it would follow usual custom in its response and the…
Global Gold News – November 6, 2020
Gold rose on Friday en route to its best week in more than three months as the dollar slid on uncertainty surrounding the U.S. election…
Global Gold News – November 5, 2020
Gold held firm in a narrow range on Thursday as investors were cautiously optimistic Democrat Joe Biden would edge past President Donald Trump in a…
Global Gold News – November 4, 2020
A majority of Americans are concerned that the outcome of the 2020 presidential election will damage their financial well-being, according to new research.
Global Gold News – November 3, 2020
Uncertainty is the enemy of markets. And it doesn’t get much more uncertain than a messy fight over who the leader of the free world…
Global Gold News – November 2, 2020
Gold prices gained on Monday on uncertainty surrounding the outcome of Tuesday’s U.S. presidential election, while a spike in global coronavirus cases exacerbated fears about…
Global Gold News – October 30, 2020
Apple falls on earnings. U.S. stock futures fell in early morning trading Friday after some of the technology heavyweights came under pressure following their quarterly…
Global Gold News – October 29, 2020
Wall Street is spooked, but it should have seen the fall coronavirus surge coming. For months, Wall Street was sleepwalking towards what every health expert…
Global Gold News – October 28, 2020
Dow sinks 800 points as investors fear rise in coronavirus cases could halt the economic recovery.
Global Gold News – October 27, 2020
The gold market appears to represent a sea of stability Monday as prices hold above $1,900 an ounce while equity markets and oil prices see…
Global Gold News – October 26, 2020
It’s been years since investors have been this fearful of a stock market crash, Nobel-winning economist warns.
Global Gold News – October 23, 2020
Markets fear uncertainty and there is plenty of it on the table with the U.S. election less than two weeks away.
Global Gold News – October 21, 2020
The global economy must fundamentally transform in order to avoid going back to the status quo that got us here.
Global Gold News – October 20, 2020
House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin “continued to narrow their differences” in a Monday afternoon phone call to discuss another stimulus package,…
Global Gold News – October 19, 2020
A Democratic sweep in the upcoming election may not be the bullish event for the stock market that some investors are betting on, according to…
Global Gold News – October 16, 2020
‘Young and dumb’ traders have created a ‘total nightmare’ in the stock market, fund manager warns‘.
Global Gold News – October 15, 2020
The US is giving up the “exorbitant privilege” of being the world’s reserve currency.
Global Gold News – October 14, 2020
The US is giving up the “exorbitant privilege” of being the world’s reserve currency.
Global Gold News – October 13, 2020
Some Are Betting On Red, Some On Blue. I’m Betting On Gold. It’s been seven months since the last relief package, the CARES Act, was…
Global Gold News – October 12, 2020
Traders are confused by the stimulus back-and-forth and have their doubts about the market gains.
Global Gold News – October 9, 2020
As the United States continues its struggle with the pandemic-induced economic recession and a sputtering recovery, the country’s burgeoning debt is not anyone’s top concern…
Global Gold News – October 8, 2020
Gold has traded sideways for the last few weeks, but the price action is forming a bottom, said Frank Holmes, CEO of U.S. Global Investors.
Global Gold News – October 6, 2020
One risk today is that Trump’s battle with Covid-19 spooks American consumers, the main driver of the US economy. The president’s infection shows that even…
Global Gold News – October 5, 2020
Gold inched up on Monday as the dollar weakened, although gains were limited as news that U.S. President Donald Trump, receiving treatment for COVID-19, could…
Global Gold News – October 1, 2020
Wall Street is increasingly concerned that uncertainty surrounding the outcome of the US election in November could roil markets. The debate between President Donald Trump…
Global Gold News – September 30, 2020
U.S. stocks climbed on Wednesday, the last day of September, amid rising hopes for further fiscal stimulus. The market is still on track for its…
Global Gold News – September 29, 2020
If the presidential debate Tuesday results in a clear winner, there could be a much bigger market reaction than there has been following past political…
Global Gold News – September 25, 2020
The US economic recovery will slow more than feared during the final three months of the year because Congress almost certainly will not provide more…
Global Gold News – September 24, 2020
The market fell sharply on Wednesday, adding to its sell-off so far in September as tech stocks again came under pressure and investors remained wary…
Global Gold News – September 22, 2020
Just when you thought 2020 couldn’t get any more chaotic, the death of Supreme Court Justice Ruth Bader Ginsburg set off a political earthquake that…
Global Gold News – September 18, 2020
Gold prices gained on Friday buoyed by a weaker dollar and lingering concerns over an economic recovery from the damage inflicted by the coronavirus pandemic…
Global Gold News – September 17, 2020
The Dow and the broader US stock market took a dive on Thursday, opening sharply in the red after the Federal Reserve said the path…
Global Gold News – September 16, 2020
According to Yelp data, permanent closures have reached 97,966, representing 60% of closed businesses that won’t be reopening.
Global Gold News – September 14, 2020
Investors needn’t worry about how economic stimulus, the coronavirus, tech valuations, or the coming presidential election will impact the stock market. History tells them what…
Global Gold News – September 11, 2020
The COVID-19 pandemic is about to enter its most treacherous phase. Washington won’t be there to support the economy this time, as infections inevitably rise…
Global Gold News – September 9, 2020
According to Wall Street forecaster James Bianco, the market is likely in the throes of a 10% to 15% downturn.
Global Gold News – September 8, 2020
Investors would be ill-advised to make financial bets that the price of gold will fall, according to a commodities consulting firms.
Global Gold News – September 4, 2020
The stock market is flashing a warning sign. Signs mounted all summer that the meteoric rise in the stock market was unsustainable.
Global Gold News – August 31, 2020
Gold is looking even better after the Federal Reserve decided to tolerate higher inflation.
Global Gold News – August 28, 2020
Gold rose on Friday, having declined over 1% in the previous session, as persistent concerns over the pandemic-led economic slump boosted the metal’s appeal, although…
Global Gold News – August 27, 2020
Fed Chairman Jerome Powell announced a major policy shift Thursday to “average inflation targeting.” That means the central bank will be more inclined to allow…
Global Gold News – August 25, 2020
How far from normal are we? And how much progress are we making toward whatever “normal” will mean in the future? These are tough questions,…
Global Gold News – August 24, 2020
The S&P 500 closed at a record high on Tuesday, wiping out losses from the coronavirus-induced sell-off and returning the market to pre-pandemic levels. But…
Global Gold News – August 21, 2020
“We believe that the rally has now extended well beyond levels justified by the state of the economy, and with little regard for the myriad…
Global Gold News – August 20, 2020
More than one-third of Americans who lost their jobs during the coronavirus pandemic and related economic recession cannot last more than one month on their…
Global Gold News – August 18, 2020
US stocks are on the cusp of a remarkable feat: setting new all-time highs during the middle of a pandemic. Yet CEOs, leading shareholders and…
Global Gold News – August 17, 2020
The Wall Street euphoria suggests that this could be another bubble or market mania. They don’t tend to end well. So is this rally running…
Global Gold News – August 14, 2020
Everyone wants the global pandemic to be a short-term problem for the stock market. It will not be.
Global Gold News – August 13, 2020
Known in investing circles as the “Buffett Indicator,” the measure is simply the total market cap of all U.S. stocks relative to the country’s GDP.…
Global Gold News – August 12, 2020
The dark side of good earnings: Companies are talking about turning “furloughs” into permanent layoffs. You knew this was coming. It’s been a very strange…
Global Gold News – August 11, 2020
Gold futures on Monday settled higher, resuming a strong uptrend for the precious metal after snapping a five-session win streak on Friday.
Global Gold News – August 6, 2020
Already surging silver prices could get a big boost if former Vice President Joe Biden wins the 2020 election and pieces of the Green New…
Global Gold News – August 5, 2020
Prices for gold earmarked for December delivery climbed to a record high above $2,000 an ounce on Tuesday, outstripping shorter-term futures contracts after the COVID-19…
