Richard (Rick) Mills

Articles by Richard (Rick) Mills

The world’s largest silver producer could mine all of its existing reserves within two years, throwing silver’s global supply-demand balance even further out of whack than it is currently.Mexico has regularly outputted 5,600 tons of white...
Silver, like gold, has returned to the spotlight this year with the precious metal recently trading at its highest in a year at just under $26 an ounce.In the past month, silver prices have gone up nearly 20%, eclipsing the S&P 500’s...
Precious metals are back in the spotlight in 2023 as signs of economic slowdown continue to surface and cause uneasiness among investors, in turn driving up the appeal of safe havens.This week’s US labour market data shows that the economy...
Earlier, we listed the various reasons why the US dollar is headed lower. But this doesn’t mean all safe-haven assets are in for a reality check. In fact, this might be an opportune time to invest in precious metals, in...
Gold is back in favor this week as a banking crisis that started with the failure of Silicon Valley Bank (SVB), had investors flocking to safe-haven assets including the US dollar, Treasuries and bullion.Spot gold Wednesday hit an intra-...
There was a time when China had an appetite for silver, and the West hungered for Chinese goods.In a world dominated by paper currencies, we sometimes forget the role of gold and silver in fostering international trade and creating the...
Silver, like gold, is a precious metal that offers investors protection during times of economic and political uncertainty. After Russia’s invasion of Ukraine earlier this year, the flight to safety subsequently sent silver prices...
After being stuck in a wide range with no trading momentum during the first two months of 2022, silver was given a boost in March, when Russia’s invasion of Ukraine triggered a rush for safe havens.Silver, like gold, is a precious metal...
The Arab Spring refers to a series of anti-government protests, uprisings and armed rebellions that spread across much of the Arab world in the early 2010s. Largely a response to corruption and economic stagnation, the Arab...
In a previous article we discussed how a number of electrification metals are in play following Russia’s attack on Ukraine, including nickel, cobalt and palladium.Russia is the third largest nickel producer in the world, in 2021...

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Spanish Conquistadores invaded the Inca Empire in 1528 to steal their silver and gold.

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