Richard (Rick) Mills

Articles by Richard (Rick) Mills

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...
The bull market's agitated death dance continued last week, challenging bulls and bears alike to sell the dips for a rare change. The E-Mini S&Ps seemed to promise the perfect opportunity for this as the week shuddered to a...
The US Federal Reserve announced this week what many market participants were expecting — a series of interest rate hikes starting next year.On Wednesday a majority of the Federal Open Market Committee (FOMC) forecasted three quarter-...
Several months after the US Federal Reserve began describing the country’s inflation problem as “transitory”, the central bank is finally admitting that rapidly rising prices of goods and services are a serious threat to the American...
A government generally has two “levers” it can pull, to help get its economy back on track after it has fallen into a recession and/or is posting abnormally low economic growth.Monetary policy refers to the actions of central banks to...

Pages

1 cubic foot of silver weighs approx 655 pounds whereas 1 cubic foot of gold weighs more than half a ton.

Silver Phoenix Twitter                 Silver Phoenix on Facebook