Richard (Rick) Mills

Articles by Richard (Rick) Mills

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...
In the first quarter of 2019, global debt hit $246.5 trillion.

Encouraged by lower interest rates, governments went on a borrowing binge as they ramped up spending, adding $3 trillion to world debt in Q1 alone. It reverses a trend that...
Smog from vehicle emissions is estimated to cause a third of the air pollution in the United States. The US used to be the world’s biggest contributor of carbon dioxide and other greenhouse gases, but in 2008 China took the ignoble top...
The ongoing battle between the United States and China for economic supremacy isn’t only being fought in the gilded ballrooms of Washington, as trade negotiators from either side parry over automobile parts content, intellectual property...

Pages

The Fourth Coinage Act of 1873 embraced the gold standard and demonetized silver, known as the “Crime of 73”

Silver Phoenix Twitter                 Silver Phoenix on Facebook