{NAME}, here's your global gold news weekly recap.

Fed Trading Scandal: Are Your Future and Wealth Really Being Protected? [Red Rock Secured]( The Global Gold News Weekly Recap October 09, 2021 Fed Trading Scandal: Are Your Future and Wealth Really Being Protected? If you were a fly on the wall listening in on Federal Reserve Open Market Committee interest rate decisions being made, you would be in a position to make a fortune in the bond market. [Read more]( [man covering mouth with hand at stock market]( Market Unprepared for Accelerated Taper Wharton finance professor Jeremy Siegel, who’s known for his positive market forecasts, is warning that Wall Street isn’t ready for accelerated tapering. He believes inflation is going to be a bigger issue than Fed officials predicted, and that the market won’t be able to cope. “We all know that a lot of the levity of the equity market is related to the liquidity that the Fed has provided,” he told CNBC. [Read more]( [man scratching in head in front of declining dollar]( Yellen: U.S. to Face Recession Unless Congress Addresses Debt Ceiling Soon Treasury Secretary Janet Yellen fears the U.S will face a recession if Congress doesn’t address raising the debt ceiling before a possible upcoming default. She told “Squawk Box” that it would be “catastrophic to not pay the government’s bills.” [Read more]( [gold bars]( Gold to Steal the Show; Heading for $5,500 an Ounce in Long-Term: Analysts Analysts say the time for gold is coming. Uncertainty with Fed tapering puts the U.S. dollar in a weaker position, driving more people to the yellow metal. While experts say the market will continue to struggle in the near term, they also predict that gold prices will push to $5,500 an ounce in the long term. [Read more]( [u.s. capitol]( Democrats, Republicans Nearing Compromise on Debt Ceiling Crisis Democrats and Republicans may soon reach a compromise in regard to the debt ceiling. Senator Chuck Schumer told the Wall Street Journal that he believes a deal could be reached on Thursday. Congress must act before the Oct. 18 default deadline. CNN says this compromise is “only the bare minimum way out of this,” highlighting that even if a deal is reached, an agreement only delays the showdown. It doesn’t resolve it. [Read more]( [dollar bill]( Senate Passes Short-Term Debt Ceiling Increase; Vote Moves to House On Thursday, the Senate voted to increase the nation’s debt ceiling by $480 billion. That’s the amount the Treasury Department said it would need to get to Dec. 3. The vote will now move to the House before heading to President Biden’s desk. House Speaker Nancy Pelosi hinted in a letter that the House may have to return early from recess to vote on the legislation. The House was expected to return Oct. 19 — one day after Yellen warned lawmakers the U.S. would default. [Read more]( [Red Rock Secured Recap October 8, 2021]( Red Rock Secured Recap Here is a recap of some of the top headlines you may have missed this week. EXCLUSIVE BENEFITS $10,000 in FREE Gold or Silver Anyone who completes an application today could receive up to $10,000 in FREE gold or silver. [Protect Your Retirement Savings]( No Fees for Life Red Rock may cover all custodial and management fees for the life of your account. [Protect Your Retirement Savings]( ROCK THE SPECTRUM Red Rock Secured is showing their support for Autism Awareness. Will you please help us make a difference by donating today? [Yes, I would like to make a donation.]( [YouTube]( [Facebook]( [Twitter]( [LinkedIn]( Copyright © 2021 Red Rock Secured, All rights reserved. You were subscribed to the newsletter from Red Rock Secured Our mailing address is: Red Rock Secured 898 Pacific Coast HwyEl Segundo, CA 90245 [Add us to your address book]( Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](.