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.
Cramer: Lockdown Trade is Dead on New CDC Mask Guidance
The CDC has loosened its guidelines for mask restrictions, but the change may not be good news for some investors.
Musk’s Bitcoin Reversal Sends Cryptocurrency Market into Tailspin
Elon Musk announced Tesla will no longer accept bitcoin as payment for its cars. The surprise reversal has triggered a sharp plunge for cryptocurrency.
Fed’s Endangering Dollar’s Global Reserve Status, Druckenmiller Warns
Investor Stanley Druckenmiller is warning that Fed policies aimed at keeping markets and the economy afloat during the pandemic could end up threatening the long-term…
Stock Futures Slide as Inflation Worries Circle
Stock futures sank Tuesday as more investors looked to sell off their tech stocks as inflation concerns rose. While many focus on the fear of…
Fed Will Lose Control of Inflation or Crash Markets, Economist Warns
Inflation fears are looming, and experts say the markets are not ready to accept higher interest rates, which is putting the Fed in a tough…
Gold Prices Pushing Higher After April Hiring Bust
Some analysts report that the disappointing jobs data will be a significant tailwind for gold prices as it relieves a lot of market pressure for…
Huckabee: Biden’s Latest Plan has $700B Mistake That Will Cost Americans
Mike Huckabee, the former governor of Arkansas, believes Biden’s American Families Plan has a $700 billion budget miscalculation that will impact Americans at every income…
Gold Sees Gains as Legendary Investor Warns of Inflation
Gold prices are higher in morning U.S. trading Wednesday, after seeing selling pressure following news the U.S. Treasury said it may take extraordinary measures to…
Biden’s Tax Hike Will Hurt Economy, Lead to Recession: NC Rep.
North Carolina Representative Madison Cawthorn believes Biden’s proposed tax hike would hurt our economy and lead to a recession.
Experts, Investors Fear ‘Overheating’ Economy, But What Does That Mean?
While the nation’s economy is on the rebound, experts still fear an “overheating economy,” but what does that mean?
5 Ways Biden has Affected Your Wallet in 2021
Despite your political affiliation, there’s no arguing that Biden has affected your wallet since starting his presidency. Here are five ways experts say he’s helped…
Market Had Bullish Start, But Will it Last Through Biden’s Next 100 Days?
According to JPMorgan, in regard to the stock market, Biden has had the best 100-day run for a first-term president in more than 75 years,…
U.S. Economy Rebounding But Still in Deep Hole, Experts Say
While the nation is working its way to a stronger economy, economists say America is still in a “deep hole.”
Fed Staying on Hold Despite Economy Concerns: CNBC Survey Finds
The Federal Reserve will stay on hold for the rest of 2021 despite concerns of an overheating economy, the latest CNBC Fed Survey found.
Rep. Brady: Biden Tax Hike Will Punish Economy, Hurt Small Businesses
Representative Kevin Brady (R-Texas) said Biden’s proposed increase to the capital gains tax would punish the economy and have a negative impact on small businesses…
Report: Biden Proposing Historic 39.6% Capital Gains Tax on the Wealthy
President Biden is reportedly planning a historic tax increase on millionaire investors to help overhaul the nation’s economy.
Economic Growth to Peak Within Next 1-2 Months, Analysts Say
According to a prediction by Goldman Sachs analysts, U.S. economic growth will slow between July and September and then begin to decline. They also fear…
Biden’s Economic Plans Will Help U.S. Compete With China: Former Treasury Sec.
Former Treasury Secretary Jacob Lew said President Joe Biden’s plans to bolster the nation’s economy could help the U.S. compete with China’s massive Belt and…
Bank Analyst: Fed is ‘Out of Control, Printing Money Like Wild Men’
Odeon Capital chief financial strategist Dick Bove said the Fed is “out of control” and is “printing money like wild men.”
Biden’s Corporate Tax Plan Could Backfire, Experts Warn
President Biden’s infrastructure plan has been scrutinized and praised for weeks. Now, tax experts are warning the plan could backfire on the nation and the…
Suze Orman Thinks Market Crash Could Be Nearing
While some financial experts think the economy is on the right track, financial advisor Suze Orman says she’s preparing for the next stock market crash,…
What Will Happen to the Economy Once Stimulus-fueled High Wears Off?
Experts say the U.S. economy is expected to show its biggest growth since 1984. A major driving force behind that growth is stimulus spending, and…
Investors Putting Billions More into U.S. Stocks Than China’s, Data Shows
According to data from EPFR Global, investors are funneling billions more into U.S. stock funds than Chinese ones.
Stock Futures Drop as U.S. Calls for Pause on Use of J&J COVID Vaccine
While the stock market has been riding high since the creation of several COVID-19 vaccines, that wave came crashing down on Tuesday.
Biden’s Tax Hikes Will Make U.S. Less Competitive, Analyst and Economist say
Some experts argue that President Biden’s “Made in America Tax Plan” would actually reduce the incentive to make most things in America.
Biden’s China Policy Tougher on Financial Firms than Trump’s, report says
According to Cowen Washington Research Group, “President Biden represents a greater risk for financial firms on the China front than President Trump.”
Peter Thiel Worried China May Use Bitcoin as ‘Financial Weapon’ Against U.S.
Billionaire venture capitalist Peter Thiel, who is known to be pro-bitcoin, said he’s worried that China may be using bitcoin as a financial weapon against…
Jamie Dimon Thinks Economic Boom Could Last Until 2023
Jamie Dimon, the long-serving JPMorgan Chase CEO, believes the nation’s economy is about to see a big boom that could last until 2023. However, that…
U.S. Economy to Grow at Fastest Pace since 1984, IMF says
While many have condemned President Joe Biden’s $1.9 trillion stimulus package, others say it will boost the nation’s economy and drive global growth. In fact,…
Stock Market Powers into Q2; Experts Warn Investors to be Wary
While stocks rose in Q1, giving the market a strong start to 2021, experts predict the market is set to undergo a few “exaggerated scares.”
Demand for Silver is Higher Than Gold Right Now, LBMA Data Shows
According to LBMA, silver is more in demand right now; however, experts say that doesn’t mean you should stop watching gold just yet.
Where Money From Biden’s $2 Trillion Infrastructure Plan Would Go
While many are worried about government spending during the pandemic, others are worried about saving for later in life.
Biden to Unveil Massive $2 Trillion Infrastructure Plan Wednesday
President Joe Biden’s latest $2 trillion plan aims to re-engineer the nation’s infrastructure while having corporations foot the bill.
Former Obama Econ. Adviser says Biden’s Stimulus Plan Could Cause Inflation Crisis
Larry Summers, the former economic adviser to President Obama, said the Democrats’ recent $1.9 trillion relief package was “the least responsible macroeconomic policy we’ve had…
Backlog with Tax Returns, Traffic Jam in Suez Canal Could Impact Your Wallet
Experts say global shipping and a backlog in tax returns could put a strain on your wallet.
Biden Considering Major Tax Hike; What the Changes Could Mean for You
After passing his $1.9 trillion relief bill, President Joe Biden is reportedly working on an even bigger spending bill. The new bill may come with…
Powell: Now is not time for Fed to dial back low rates, help during pandemic
On Thursday, Federal Reserve Chairman Jerome Powell said the Federal Reserve System pledged to keep accommodations created during the pandemic in place until the economy…
Global Gold News – March 24, 2021
CNBC’s Jim Cramer believes that the recent sell off is an indication that stocks are heading for another meltdown.
Global Gold News – March 23, 2021
While the economy is progessing, the unemployment rate is a signal that the “recovery is far from complete” according to Federal Reserve Chair Jerome Powell.
Global Gold News – March 22, 2021
The tools the Fed plans to use to avoid inflation may negatively affect economy growth.
Global Gold News – March 19, 2021
The recent pace of the rise in yields in the U.S. Treasury market has been unsettling, according to several major bond fund managers who worry…
Global Gold News – March 18, 2021
According to all-star investor Rich Bernstein, Big Tech is the beginning stages of a years-long downturn.
Global Gold News – March 17, 2021
Palantir Technologies CEO Alex Karp sharply criticized Wall Street on Tuesday, saying there’s too much emphasis on near-term gains at the expense of developing healthy,…
Global Gold News – March 16, 2021
The change in emphasis for fiscal stimulus in the U.S. under President Joe Biden has effectively signaled “the end of Reaganomics,” according to Embark Group…
Global Gold News – March 15, 2021
Last week’s market action was one more example of a push and pull between stocks, bonds and the Federal Reserve which investors should expect to…
Global Gold News – March 12, 2021
Governments borrowed unprecedented amounts of money to support workers and businesses during the pandemic. Now a big risk looms: interest payments.
Global Gold News – March 11, 2021
History suggests the selloff that has plagued technology stocks amid the recent rise in bond yields could still spill over into the broader market.
Global Gold News – March 10, 2021
Many investors are buying into companies with weak fundamentals and are eerily close to replicating the dot-com bubble.
Global Gold News – March 9, 2021
An underreported but crucial part of Wall Street is signaling more turmoil is ahead for investors.
Global Gold News – March 8, 2021
Moody Analytics’ Mark Zandi warns that inflation will cause wild market swings that even stocks tied to the economic recovery will not be safe from.
Global Gold News – March 5, 2021
CNBC’s Jim Cramer warned investors that the stock market may be under even more pressure in the near future.
Global Gold News – March 4, 2021
Wall Street threw a fit last week when Treasury rates spiked. According to former New York Fed President Bill Dudley those rates will keep climbing.
Global Gold News – March 3, 2021
While Bitcoin has snatched the headlines while volatility looms over the stock and bond markets, gold is poised for a rebound.
Global Gold News – March 2, 2021
The recently volatile bond market has now become the subject of Wall Street’s fears as the COVID-19 vaccine pushes pandemic worries to the backseat.
Global Gold News – March 1, 2021
According to economist David Rosenberg the bond market is “radically oversold” and adding to Wall Street’s overwhelming fear.
Red Rock Secured Teams Up With Joey Gase and Rick Ware Racing for the 36th NASCAR All-Star Race
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,…
