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.
Before every recession within the last 30 years, copper has tipped into a bear market. Well, it just happened again, and experts believe that it …
Albert Edwards, Société Générale’s chief market strategist, is warning investors that a stock market plunge is coming.
Billionaire investor Seth Klarman is advising investors to have some of their portfolios in gold.
Goldman Sachs analysts say the risk of the U.S. economy falling into a recession within the next 12 months has doubled after the Fed’s recent …
Thanks to higher inflation, more Americans are living paycheck to paycheck.
Wells Fargo economists are predicting that the U.S. will tip into a recession in 2023 after the Fed raised interest rates by 75 basis points …
The Fed is expected to announce that it’s raising interest rates by three-quarters of a percentage point. What does this mean for gold and gold …
Bank of America is warning of more troubling times ahead for investors.
Russia’s central bank has more than $140 billion in gold. What would the liquidation of Russia’s gold mean for gold investors around the world?
Experts fear that recently increased inflation will cause the central bank to be more aggressive in tightening monetary policy.
Inflation reaccelerated in May, rising to 8.6% from a year ago – the fastest increase recorded since December 1981.
Crypto and gold are both investments used to diversify an investor’s portfolio, but which is the better inflation hedge?
Economist and Gramercy Funds Management chair Mohamed El-Erian believes those that are fully invested in the market may want to rethink their position. With stagflation …
In a report that slashed global economic outlook, World Bank President David Malpass warns of danger ahead.
Add Morgan Stanley copresident Ted Pick to the growing list of financial experts that are saying a recession is coming.
Cleveland Fed President Loretta Mester believes that despite data suggesting it is beginning to ease, inflation will continue to increase and any declarations of victory …
Goldman Sachs President John Waldron is echoing warnings of tougher economic times ahead as Fed Vice Chair Lael Brainard says it’s unlikely that the Fed …
Chase CEO Jamie Dimon has warned of a looming economic “hurricane” caused by the Ukraine war, rising inflation pressures, and Fed interest rate hikes.
The Fed is set to begin a season of “quantitative tightening,” which is basically a way for officials to reduce the extra money they’ve pumped …
There are differences and benefits when investing in precious metals like gold, silver, platinum, and palladium. Let’s take a look at each one.
One economist is warning that we should expect a period of stagflation to stick around for at least the next 12 months.
Higher inflation is inevitable and it’s worrying most Americans.
Two recent surveys have both found that retirees are worried about either saving for retirement or their finances while retired.
Worry is growing among experts as the chances of a recession become stronger and stronger, and many don’t believe the Fed will be able to …
U.S. stock futures fell Wednesday morning as investors awaited the release of the Fed’s meeting minutes. Futures tied to the Dow Jones Industrial Average fell …
In a recent op-ed, Economist David Rosenberg said he feels like he’s reliving the summer of 2008, adding that the S&P 500 could fall another …
The stock market has been volatile lately amid concerns about growing inflation, interest rates, and a possible recession. On Friday, the S&P 500 fell into …
A Reuters poll found that with recession risks growing, the Fed will raise rates more than expected.
Goldman Sachs strategists estimate there’s a 35% probability that the U.S. economy will enter into a recession within the next two years. In its investor …
With crypto losing nearly $2 trillion in value, economists are keeping a closer eye on how it could impact our economy.
Ben Bernanke, who helped guide the country through the 2008 financial crisis, said the Fed’s decision to wait to attack inflation was a mistake.
Between increasing recession risks, the crypto crash, record-high inflation, and ongoing economic recovery, investors have a lot to keep up with. Let’s break some of …
Crypto is crashing. Is that really the investment you want protecting your future?
Author and Managing Editor of The American Prospect, Ryan Cooper, believes cryptocurrencies, NFTs, and stablecoins are a “trillion-dollar trash fire.”
“There’s every reason to believe that it is this precious metal [gold], not the dollar or euro, that could serve as the real anchor to …
The consumer price index (CPI) hit 8.3% last month, which was more than the estimated 8.1%. While it was a slight decrease from March’s 8.5%, …
Experts say that stocks, bonds, and even cryptocurrencies are being crushed right now, leaving no safe place for investors to hide.
Many experts are growing increasingly concerned about the state of our economy.
The Dow plunged more than 1,000 points on Thursday. The S&P 500 dropped 3.6%, and the Nasdaq Composite declined 5%. Economists say that’s making it …
On Wednesday, Fed Chairman Jerome Powell said a 75-basis point increase is “not something the committee is actively considering.” However, some experts aren’t convinced.
The Fed is expected to announce that it’s raising interest rates by 50 basis points on Wednesday. It will be the first 50-basis point move …
A recession is almost inevitable, according to former Fed Vice Chair Roger Ferguson.
The demand for gold has been surging for months thanks to ongoing, record-high inflation, the conflict between Russia and Ukraine, and Fed rate hikes.
When it comes to inflation hedges, what’s the better investment: gold or crypto? Analysts have weighed in,
David Smith, a Senior Analyst for The Morgan Report, is warning that silver is poised for a breakout that many investors will miss out on.
Our nation’s economy shrank for the first time since the pandemic recession struck two years ago.
The analysts have spoken (well, some of them) and they agree that gold is still the real hedge against inflation, not cryptocurrencies.
On Fox’s “Mornings with Maria,” Piper Sandler Chief Global Economist Nancy Lazar warned that the world is in the early stages of a “very significant” …
US futures and global stocks dropped Monday morning as investors continued to worry about the health of our economy. Those fears have been heightened now …
Here’s a look at some of the top headlines you may have missed this week.
Fed Chairman Jerome Powell says that a half-percentage point interest rate hike is officially on the table.
Wells Fargo believes 2022 could be gold’s year. In a recent report, bank economists said that the yellow metal is looking to hit $2,100 per …
Allianz chief economic advisor Mohamed El-Erian told Kitco News that since the Fed was late in starting its inflation fight, gold will reap the benefits.
According to Goldman Sachs economists, there’s a 15% chance of a recession within the next year and a 35% chance within the next 24 months.
Gold prices hit a one-month high on Monday after they jumped more than 1% as the war in Ukraine revs on.
Former Treasury Secretary Larry Summers believes that the Fed’s response to elevated inflation will lead to recession within the next two years.
According to Jeff Gundlach, 2023 promises to be a turbulent year for the economy.
As inflation rises, so do consumer prices, which are the highest they have been in over 40 years.
The war in the Ukraine and resulting sanctions on Russia are a potential “game changer” that threatens to fundamentally shift the entire model of the …
If economists are correct about the Federal Reserve rapidly raising interest rates, banks will be faced with several steep challenges.
Here’s a look at the top headlines you may have missed this week.
With the Fed committed to fighting ongoing inflation, Société Générale is advising investors to maximize their commodity exposure, including exposure to gold.
Janet Yellen is voicing her concerns about the Ukraine war, saying it will have “enormous economic repercussions,” which include disruptions in global food and energy …
Deutsche Bank has warned that the Fed’s fight against inflation will spark a recession in the U.S. late next year.
Robert Kiyosaki (Rich Dad Poor Dad) is warning that the dollar is about to implode and that investors should buy more gold and silver.
Economist James Rickards says worrisome inflation coupled with the Ukraine war and supply chain issues are creating an environment for gold to thrive.
Gold posted its best quarterly gain since June 2020. Kitco News reports that the yellow metal traded within a $300 range and closed Q1 above …
Harry Dent, the founder of HS Dent Publishing, is warning of a historic market crash.
Independent Advisor Alliance CIO Chris Zaccarelli believes the Fed is a bigger risk in 2022 than inflation.
Jeff Sherman, DoubleLine’s co-chief investment officer, believes the days of 2% inflation are over for now. He predicts it will clock in at 4%.
The Fed is expected to enact its first rate hike in a little more than two months. It will be the first increase in three …
While 2021 was a tad rough for gold, financial experts are expecting more for the precious metal in 2022.
Red Rock Secured will be sponsoring their second NASCAR race this weekend debuting the white, black, and soft red-orange trim scheme. For the first time, …
