Richard (Rick) Mills

Articles by Richard (Rick) Mills

Ahead of the Herd The selloff in stocks that started last week and continued on Monday has some market observers wondering whether this is a “Minsky Moment”.This refers to the idea that periods of bullish speculation will eventually lead...
Spot silver jumped to $28.32 an ounce in August 2020, its best performance in seven years, and though the price retreated last fall, it finished the year up an impressive 47%, more than doubling gold’s 22% gain.Silver climbed 47.8% in 2020...
Copper’s broad use in various industrial sectors including construction, transportation and telecommunications, makes it a reliable early indicator of economic activity.In fact, “Dr. Copper’s” ability to predict which way the global...
Despite recent headwinds, it looks to be clear sailing going forward for silver, according to recent forecasts from three financial services firms. 

“A higher gold price, along with the ongoing recovery in industrial demand,...
Gold and silver appear to be bouncing back from the drubbing they took in September, with both precious metals striking higher on Monday, Oct. 5. 

As of this writing, spot gold finished about $15 better than Friday’s close, @ $1,...
In accepting the Democratic nomination for the presidency on July 2, 1932, President Franklin D. Roosevelt spoke of a “new deal for the American people” who had been ravaged by the Great Depression. 

After winning the 1932 election...
One of the worst weeks on Wall Street mercifully ended on Friday.



S&P 500



DJIA



Nasdaq

After multiple sessions of panic selling, the markets caught an up-draft after US President Trump declared a national...
On Monday Wall Street pared back losses from last week’s sell-off, the worst since 2008, but it was only the promise of lowering interest rates, the return of the “punch bowl” hearkening back to recession-era stimulus, that has temporarily...
Silver prices are expected to begin the 2020s newly burnished, through a combination of higher industrial and investment demand, and tightened supply owing to mine production issues and output cuts. If it does, it would be the...
Silver is expected to begin the next decade newly burnished, through a combination of higher industrial and investment demand, and tightened supply owing to mine production issues and output cuts. 

As December winds down and...

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