Richard (Rick) Mills
Mining Expert & Financial Writer
Richard Mills is a mining expert, financial writer, and the owner of Aheadoftheherd.com. He invests in the junior resource/bio-tech sectors and his articles have been published on over 400 websites, including: WallStreetJournal, SafeHaven, MarketOracle, USAToday, NationalPost, Stockhouse, Lewrockwell, Pinnacledigest, UraniumMiner, SeekingAlpha, MontrealGazette, CaseyResearch, 24hgold, VancouverSun, CBSnews, SilverBearCafe, Infomine, HuffingtonPost, Mineweb, 321Gold, Kitco, Gold-Eagle, The Gold/Energy Reports, CalgaryHerald, ResourceInvestor, Mining.com, Forbes, FNArena, Uraniumseek, FinancialSense, Goldseek, Dallasnews, Vantagewire, Resourceclips and the Association of Mining Analysts.
Richard (Rick) Mills Articles
The metals rally took a breather this week, with gold, silver and copper all showing five-day declines as of this writing on Friday, May 24. The pullback was expected given what happened on Monday.
“Minsky Moment” refers to the idea that periods of bullish speculation will eventually lead to a crisis, wherein a sudden decline in optimism causes a spectacular market crash.
As of May 1, spot gold was at $2,319 an ounce. The precious metal is up 12.6% year to date despite headwinds. These include a strong US dollar, positive real yields (Treasury yields minus inflation above zero), investors selling their gold...
Investors in stocks, bonds and commodities should be aware of the rate of inflation and how it is affecting the value of their investments. When a currency loses value as it does during bouts of inflation, cash, bonds and stocks are not...
What if the worst in interest rates is yet to come? Until recently, the prevailing wisdom held that the Federal Reserve would start chopping interest rates sometime this year. At first it was seven cuts, than five, three, now it’s down to...
Iran attacked Israel on Saturday with about 320 drones and missiles, but only a few got through the air defense system. The barrage was in retaliation for an Israeli strike on Iran’s consulate in Syria, which killed 13. It was Iran’s first...
Gold and silver continue to push higher, curiously, at the same time as variables that normally trade in the opposite direction, namely government bonds and the US dollar, move upward in tandem.
Spot gold gained 13% in 2023 and so far this year, is up 6%. Thursday March 28th, gold ended the day at US$2,233.00 oz, a strong performance given the headwinds facing the precious metal
Gold hit a record-high $2,200 an ounce Thursday, on expectations of interest rate cuts later this year. At its March meeting, the US Federal Reserve held its federal funds rate at 5.25 to 5.5%, and indicated it would slash interest rates...
The Fed’s preferred measure of inflation is core PCE, which stands for Personal Consumption Expenditures index. This inflation gauge, published monthly by the Bureau of Economic Analysis (BEA), doesn’t include food and energy, because...
