Welcome to the Gold Watch
Red Rock Secured offers weekly well-researched, in-depth editorial content on all the latest developments in the financial and precious metal markets.
Don’t Wait for Long Lines to Buy Gold!
It happened earlier this year in Germany. Now it is happening in Turkey. As the financial system unravels, people in Turkey are standing in long lines…
Another Stagnation Decade?
Stagflation can be described as the worst of two worlds. It is a combination of weak or no economic growth—a stagnate economy, coupled with rising…
This is How it Usually Begins
Within a day or two of posting this commentary, the chairman of the Federal Reserve will deliver what we are told will be a “profoundly…
Got Gold? Be ready for rising interest rates and bond owners stampeding to precious metals!
The world is changing. In the end financial reality asserts itself. Lowest rates. Biggest debtor. That can’t last. Got Gold?
WINDOW OF OPPORTUNITY: A Note on the Gold Price
Long experience tells us that while the powerful gold and silver bull market fundamentals remain in place, we should take every break in prices as…
Gold Roars Past $2,000! Silver Can’t Be Stopped!
For the entire year 2020 silver is the top performer of all the major financial assets, followed by gold. And that was before gold moved…
Gold! New All-Time High!
The price of gold is the markets assessment of the future value of the dollar. To say that future value is shaky is an understatement,…
Price of Silver is Surging!
Even as the price of silver rocketed to multi-year highs this week, Citigroup Inc., one of the largest investment banks in the US, is calling…
Circling the Drain?
The Drudge Report splashed the news in bright red letters across the top of the column: Record Federal Spending and Deficit Intensifies… It linked to…
Bank of America Raises Gold Price Target to $3,000
2020 just passed the halfway mark with gold roaring higher. In the first six months of the year gold outperformed almost every other investment class…
Happy Fourth of July
It has been a challenging year for Americans. Our prosperity has suffered badly, our civic life has frayed, and our health has been endangered. But…
It’s Not Just the Smart Money Moving to Gold! Now it’s the Big Money, Too!
Some people recognize that a major economic and financial shift is underway in this country. They know that things won’t be the way they were.…
Back to the Future! Something that made us think of silver.
Maybe you’ve seen the parody picture that has gone viral (bad choice of words these days!) on the internet recently of Doc Brown and Marty…
Ron Paul Says $3,000 Gold This Year!
Ron Paul is not in the habit of making market predictions. But when he does, we have learned to pay close attention. This time last…
Crisis Investing
by Sean Kelly Cities burning. A plague on the land. Soldiers fighting mobs. We know it sounds like an old Cecil B. DeMille movie. But…
The Central Bank Megatrend
by Sean Kelly More central banks are planning to buy gold this year. The increase in the number of central banks buying gold in 2020…
Our Thanks to the Fed Chairman
by Sean Kelly We would like to thank Federal Reserve Chairman Jerome Powell for doing our work for us Sunday night on the CBS program…
They’re Ganging Up Against the Dollar
Few Americans realize the US dollar is more than simply another currency, that thanks to its global dominance the dollar has also been weaponized. It…
US Money Printing Goes Stratospheric! The “Smart Money” Goes for Gold!
by Sean Kelly As if COVID-19 weren’t enough, along with “expert” opinions that conflict with one another, and a lockdown that has given us depression-era…
Caught Between Recovery and Relapse. A Post-Pandemic Q and A.
by Sean Kelly For weeks we’ve been asked to quarantine ourselves, stay indoors, social distance, work from home, wear masks, and avoid outside contact. We’ve…
“Give me Liberty or Give me Covid.” What Shutdown Protesters Fear Most
Last week, the White House unveiled Opening Up America Again, its plan to get the country back to work which is presented in three phases,…
The Fight Against COVID-19. This is our ‘Big War’
Back in mid-March President Trump declared war on coronavirus and labeled himself a wartime President. During a series of press briefings at the White House,…
And Now for the Rest of the Story – The Recession of 2020
by Sean Kelly As we struggle to social distance, engage in frequent handwashing, don mouth coverings, and toss our delivery boxes outside until the germs…
The Rent is Due. What Happens Now America?
We’re several weeks into the federal social distancing mandate and things have gotten very quiet. Faced with new U.S. projection models for coronavirus infections in…
Save Lives or Crash the Economy. The Zero-Sum Game of 2020
Yesterday President Trump tweeted, “We cannot let the cure be worse than the problem itself.” He was commenting on the trillions of dollars of economic…
Politics, Partisanship and Pandemics – A Perfectly Terrible Storm
When we think of a “perfect storm,” we can’t help but recall the three massive weather systems that collided back in 1991 off the coast…
‘We have Nothing to Fear – But Fear Itself’ and Right Now, Fear is Scary
The spread of the coronavirus has sparked some extreme consumer behavior. Americans are flocking to stores and inundating online sites to purchase disinfectants, hand soap,…
The Coronavirus and the Currency of Last Resort
Back on January 10th, the New York Times reported the first death from a new virus that surfaced in the Chinese city of Wuhan, the…
Okay Boomer? Why Baby Boomers May Not Be ‘Okay’
The phrase “Okay, Boomer,” gained prominence last year when a Millennial member of the New Zealand parliament used it to silence a heckling older statesman.…
It’s the ‘Global’ Economy, Stupid
We’re currently enjoying the longest expansion in history which started back in June of 2009 and has rumbled 128 months, smashing the previous record of…
The Tesla Rally: Market Sensation or Precursor to a Crash?
When we think about Wall Street and the sudden rise and fall of the financial markets — words like parabolic, feverish, and frantic often describe…
Flu-conomics. Why the Coronavirus Could Trigger a Gold Fever!
Coronavirus has spread! Here is why your retirement is at risk! Learn what the economic fall out may be and how to protect your money.…
Election Chaos! As If America Wasn’t Nervous Enough!
by Sean Kelly As the Iowa caucuses stumbled late into the night on Monday, the presidential primary process officially got under way. It was a…
The Coronavirus: Killer Bug and Economic Pandemic
by Sean Kelly As world health authorities scramble to contain the spread of a new coronavirus that originated in China, global economists are weighing the…
Too Many Funds in too Few Hands? The Index Cartel Lurking in Your Portfolio
by Sean Kelly Index funds are a form of passive investing that track a broader index, like the S&P 500 which houses the stocks of…
The New Year Blues. Yes, it’s a ‘thing!’ Will it be worse in 2020?
The holidays are over. As we stash away all the ribbons and bows, they look a bit less colorful than they did just a few…
The Musical Chair Markets. Where will you be Sitting When the Music Stops?
As we think about resolutions and goals for the new year – many of us gravitate to the traditional aspirations of losing weight, eating better,…
Inflation: As Deadly as a Hit Man
It was the economic buzz word of the 1980’s and the big bad wolf of spending, purchasing power, and economic growth. ‘Inflation’ was top of…
Having the Right Money in the Right Place — Right Now!
If you’re like most Americans, you have a healthy sense of skepticism. When things sound too good to be true, you get a little nervous…
Where does a Cash-Strapped, Belly-up World Turn?
It’s a fairly simple rule of thumb — if we borrow more money than we can pay back, we’re overleveraged. Consumers become overleveraged when they…
Have Easy Money and Cheap Credit Finally Come Home to Roost?
It’s December, and we suddenly find ourselves in the last month of 2019 with the holiday season well underway. Ready or not, the year will…
Thanksgiving 2009 – When the Horn of Plenty was Flat Out Empty
Charles Dickens once said, “Reflect upon your present blessings — of which every man has many — not on your past misfortunes, of which all…
The Politically ‘Woke’ and the Protest Pandemic
From Hong Kong to Catalonia, Paris to Santiago, Islamabad to Quito — the world is engulfed in protests. The themes range from social justice, political…
Too Much Money in Too Few Hands?
Wealth inequality is at historic levels throughout the world and some consider it the greatest threat to the global economy. The disparity between the very…
The Death of the Shopping Mall. An American Tragedy or an Economic Harbinger?
Who can forget the interminable parking lots, crowded escalators, holiday window displays, and jam-packed food courts? The shopping mall is where many of us grew…
All Hail the Consumer! Can U.S. Shoppers Continue to Carry the Economy?
Back in August, a chief investment strategist called the U.S. consumer “Atlas” for its role in holding up the economy. Atlas, you’ll recall, was a…
The Repo Bailout: A New Crisis or an old Liquidity Crunch?
The trillions in quiet cash and securities that are transferred back and forth between banks each day and night, comprise the repo market which is…
