Richard (Rick) Mills
Articles by Richard (Rick) Mills
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...
Like gold, silver functions as a safe haven in times of economic uncertainty. And its lower price, currently 1/75th the cost of gold, makes it the “poor man’s alternative” flight to safety.This explains silver’s excellent performance...
The US Federal Reserve’s official line is that inflation is only temporary, however we see things differently. The pandemic has put tremendous pressure on supply chains, and the prices of many agricultural commodities such as...
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,...
“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,...
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...
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...
S&P 500
DJIA
Nasdaq
After multiple sessions of panic selling, the markets caught an up-draft after US President Trump declared a national...
Pages
