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.
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 …
With ongoing inflation and worries about the Ukraine war, MoneyWeek has created a list of the best precious metals to invest in right now.
A recent Politico report indicates that eight out of the nine times the Fed has tried to rein in inflation by raising interest rates, a …
NATO and the United States are responding aggressively to the ongoing Russia-Ukraine war. But now many Americans are wondering how close this all puts us …
Experts say gold prices will continue to push higher in the coming weeks, with much of the support coming from the precious metal’s demand as …
A look at the top headlines you may have missed this week.
Moody’s Analytics Chief Economist Mark Zandi told CNN that the U.S. economy has at least a one-in-three chance of sinking into a recession over the …
Gold prices are continuing to rise as concerns surrounding stagflation, the Ukraine war, and possible aggressive Fed rate hikes rise. UOB now sees the yellow …
On CNBC’s “Closing Bell Overtime,” investor Carl Icahn warned that a “recession or even worse” could be coming.
After Jerome Powell vowed to aggressively fight high inflation, Goldman Sachs announced that it now expects the Fed to hike interest rates by 50 basis …
The increasing demand for safe-haven metals and the ongoing Ukraine crisis caused gold prices to rise on Monday.
Here’s a look at some of the top headlines you may have missed this week.
One expert says now that the Fed has laid out its plan to fight inflation, gold prices have a clear path to new highs.
On Wednesday, the Fed approved its first interest rate hike in more than three years. The committee also penciled in increases at each of the …
The Fed is expected to raise interest rates this week for the first time since late 2018. The wait caused gold to steady on Wednesday.
Despite the ongoing issues with Ukraine and Russia, the Fed is expected to raise interest rates on Wednesday to try and contain growing inflation.
“With the increased economic instability caused by the war in Ukraine and Russia, investors are feeling nervous and pulling out of stocks and equities where …
A recap of some of the top headlines you may have missed this week.
Goldman Sachs economists say the chance of a recession in the U.S. over the next year has risen as high as 35%. Treasury Secretary Janet …
Goldman Sachs now sees gold hitting $2,300 per ounce within the next three months and topping $2,500 by the end of the year.
Rick Rule, the Director of Sprott U.S. Holdings, told Kitco News that he believes gold prices could triple within the next five years.
Gold prices are now pushing closer to a record high set in August 2020.
Gold climbed above $2,000 per ounce — the highest price recorded since August 2020.
Here’s a look at the top headlines you may have missed this week.
A Russian attack on Ukraine’s largest nuclear power plant early Friday morning caused commodities to rise and global stocks to fall.
Billionaire investor Ray Dalio is telling other investors that, historically, now is a beneficial time to buy gold.
Fed Chairman Jerome Powell said he still sees interest rate hikes coming, despite the plausible economic impacts the Russia-Ukraine War could have on our nation’s …
As the Russia-Ukraine conflict continues, Goldman Sachs has raised its commodities forecast, citing supply chain disruptions and a very high inflation path.
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, …
