December 4, 2022

The mother of all economic crises – Richard Mills

2022.12.04 Economist Nouriel Roubini believes the world economy is lurching toward an unprecedented […]
December 1, 2022

Why the Fed is wrong about inflation coming down – Richard Mills

2022.12.01 The US Federal Reserve continues to grapple with inflation, which at 7.7% […]
November 16, 2022

The increasing awareness of resource scarcity – Richard Mills

2022.11.16 Canada and the United States are finally getting serious about protecting their […]
November 11, 2022

Precious metals bounce is a taste of what’s to come – Richard Mills

2022.11.11 Gold and silver prices jumped on Thursday following the release of October’s […]
November 8, 2022

China’s near-complete dominance of ‘green economy’ metals – Richard Mills

2022.11.08 The “green economy” rejects dirty sources of energy and transportation, namely coal, […]
November 5, 2022

Skewed priorities: As people go hungry and freeze, spending by governments on military and debt interest soars – Richard Mills

2022.11.15 In 2021 the world’s militaries spent USD$2.1 trillion, marking the seventh straight […]
November 3, 2022

A stagflationary debt crisis looms – Richard Mills

2022.11.03 The US Federal Reserve is grappling with how to reduce inflation, which […]
October 27, 2022

Copper: the most important metal we’re running short of – Richard Mills

2022.10.27 Copper is one of the most important metals with more than 20 […]
October 24, 2022

Why Freeland’s “friend-shoring” is such a bad idea – Richard Mills

2022.10.24 Chrystia Freeland is Canada’s Deputy Prime Minister and the Minister of Finance. […]
October 19, 2022

Walking dead US dollar – Richard Mills

2022.10.19 For more than a year, the US dollar has been gaining strength […]
September 26, 2022

Diversification is the new mining buzzword – Richard Mills

2022.09.26 It appears the days of being a “one trick pony” mining company […]
September 22, 2022

Commodities are the trade for riding out the Fed-caused recession – Richard Mills

2022.09.22 At the Federal Reserve’s annual retreat in Jackson Hole, Wyoming, Chairman Jerome […]
September 17, 2022

How much longer can the dollar trade last? – Richard Mills

2022.09.17 This year has seen a correction in the gold price, commensurate with […]
September 14, 2022

Flying into a coffin corner – Richard Mills

By Richard Mills
September 6, 2022

The connection between high energy and food prices

2022.09.06 At the start of August, British homeowners saw an 80% increase in […]
September 2, 2022

Russia proposes new precious metals exchange to compete with LBMA

2022.09.02 Russia’s invasion of Ukraine may have the unforeseen consequence of weakening the […]
August 23, 2022

Buy signal flashing for undervalued commodities

2022.08.23 Inflation is at a 40-year high, making commodities, which protect investments from […]
August 19, 2022

Building more mines? the devil is in the details

2022.08.19 Years of neglecting its critical metal supplies is finally catching up with […]
August 16, 2022

The Great Stagflation 2.0 and gold

2022.08.16 In 1979, then US Federal Reserve Chair Paul Volcker faced a serious […]
August 8, 2022

Competition for US dollar intensifying

2022.08.08 The US dollar is the most important unit of account for international […]
August 6, 2022

2% inflation target blinding the Fed to economic reality

2022.08.05 The US Federal Reserve started off declaring that historically high levels of […]
July 27, 2022

Positioning for the next precious metals up-leg

2022.07.27 Gold is a commodity with limited supply, therefore it cannot be “created” […]
July 16, 2022

As infrastructure needs multiply, copper supply can’t keep up

2022.07.16 Copper is one of our most important metals with more than 20 […]
July 12, 2022

US in a competition with China for resources, global influence

2022.07.12 The South China Morning Post reported in January that China is fast-tracking 102 major […]
July 6, 2022

‘Friend-shoring’ threatens Western metal supplies

2022.07.06 In George Orwell’s book ‘1984’, the world is divided among three superpowers, […]
June 29, 2022

The disconnect between demand destruction from interest rate hikes and demand creation from infrastructure spending

2022.06.29 Last week was a bad one for mining & metals. Amid fears […]
June 23, 2022

The commodities bull market is just getting started

2022.06.23 Inflation is at a 40-year high, making commodities, which protect investments from […]
June 18, 2022

US sanctions against Russia accelerating de-dollarization

2022.06.18 The dollar is the most important unit of account for international trade, […]
June 17, 2022

Falling Dow to gold ratio

2022.06.17 We call ourselves Ahead of the Herd because we see things before […]
May 31, 2022

Why metals, energy and food prices will remain elevated

2022.05.31 With inflation in the US reaching its highest in 40 years, there […]
May 30, 2022

Food, a global crisis – How bad is it going to get?

2022.05.30 A comparison of this year’s grocery bills to last year’s yields a […]
May 19, 2022

Top reasons why Powell’s “soft landing” is impossible

2022.05.19 In economics parlance, the term “soft landing” refers to a cyclical slowdown […]
May 4, 2022

Gold as money gaining popularity, what’s in your wallet?

2022.05.04 The allure of gold goes back thousands of years.  Due to its […]
April 29, 2022

MMT, emerging markets and the scramble for resources

2022.04.29 In our last article, we discussed a proposed new economic model for […]
April 27, 2022

China will be poster child for developing countries MMT

2022.04.27 Modern Monetary Theory, or MMT, posits that rather than obsessing about how […]
April 26, 2022

5 top reasons to invest in commodities

2022.04.26 For shrewd investors looking to diversify their portfolios with low-risk, high-return assets, […]
April 24, 2022

If it can’t be grown it must be mined – Part 2

2022.04.24 In our last article, ‘If it can’t be grown it must be […]
April 24, 2022

If it can’t be grown it must be mined

2022.04.24 Last year mining analysts Mike Kozak and Matthew O’Keefe of Cantor Fitzgerald […]
April 22, 2022

Will the Fed raising interest rates cause a recession?

2022.04.22 A recession is what results when an economy stops growing. The National […]
April 21, 2022

8 Escondidas needed over the next eight years

2022.04.21 Speaking at the 2022 World Copper Conference in Santiago, Chile, CRU’s Erik […]
April 20, 2022

5 reasons to consider gold over crypto

2022.04.20 The mainstreaming of cryptocurrency has made many of us wonder whether it […]
April 14, 2022

Some say China isn’t driving the next commodity super-cycle. We beg to differ

2022.04.14  The new “commodities super-cycle” touted by many including Goldman Sachs, may be […]
March 19, 2022

Inequality, inflation and gold

2022.03.19 Food inflation has historically been the catalyst for many popular uprisings, from […]
March 5, 2022

Mills, Moriarty: 4 junior stock picks

2022.03.05 Rick Mills: Joining me today is Bob Moriarty from 321gold. We’re going […]
February 25, 2022

The limits to growth: Why the West will struggle to find enough metals to supply simultaneous demand drivers

2022.02.25 In 2021, commodities outperformed all other asset classes, and they are expected […]
February 18, 2022

Why inflation is ‘baked in the cake’ and gold is moving up

2022.02.18 Driven by the need to decarbonize due to increasingly apparent climate change, […]
February 14, 2022

Copper, lithium, graphite: Electrification demand strengthens as supplies tighten

2022.02.14 The move away from fossil-fuel-powered vehicles to EVs run on batteries is […]
February 12, 2022

Commodities are the place to be. Here’s why

2022.02.12 Commodities are considered one of the best places to park investment capital […]
February 8, 2022

1979 vs 2022: Why interest rate hikes are different

2022.02.08 Someone born in 1979 is 43 years old this year. No doubt […]
February 7, 2022

As US national debt hits $30 trillion, higher borrowing costs & negative real yields will make it harder to finance

2022.02.07 The United States reached a new milestone this week, but it’s nothing […]
January 21, 2022

Wage slaves vs gold owners, revisited

2022.01.21 Inflation is the rate at which prices within a basket of goods […]
January 15, 2022

When the Fed is between a rock and a hard place, got gold?

2022.01.05 Inflation is one of the best determinants of gold price movements, because […]
January 11, 2022

Foreign Treasury buyers take pause: a story told in charts

2022.01.11 China and Japan are by far the largest buyers of US Treasuries. […]
December 28, 2021

The 50th anniversary of Nixon’s colossal error

It seems fitting that the year we are expecting to see an unprecedented rise in US government spending and money-printing to spur an economic recovery, marks the 50th anniversary of the end of the gold standard.

Done at the time to fight an economic crisis, we are still feeling the effects of this disastrous decision, five decades on.

In this article, we explain why President Nixon did what he did, and why every promise that unshackling the US government from the requirement of maintaining the dollar's value in terms of gold would mean for the United States, has been broken.
December 28, 2021

Plugging the fossil fuel energy gap with nuclear

The modernization and electrification of our global transportation system will require a change hitherto unprecedented in the history of civilization. Not even the shift from horse and buggy to the crank-start Ford Model T can compete with what it will take to electrify the billion-plus cars on the planet’s roads, and eventually put a complete stop to noxious tailpipe emissions resulting from the combustion of gasoline and diesel fuel, that are poisoning the air we breathe.

For now, thorium is a theoretical solution to our energy dilemma, but it could be much more than that. A concerted effort to develop thorium reactor technology could provide stable, clean, base-load power for millions, something that is not possible with renewables due to the intermittency factor and the current early stages of renewable battery storage technology. It is safer and better for the environment than uranium and can even use radioactive waste as feedstock for the nuclear reaction, thus killing two birds with one stone. The market is not yet ready for thorium, but when it is, a whole new mining sector and supply chain will be born.
December 21, 2021

Gold to oil ratio: Gold heading higher on rising energy prices

2021.12.21 The gold to oil ratio is an important indicator of the global […]
December 18, 2021

How the Fed mishandled 40-year-high inflation

2021.12.18 Several months after the US Federal Reserve began describing the country’s inflation […]
December 17, 2021

Why 1% interest rate hikes won’t fix + 6% inflation

2021.12.17 The US Federal Reserve announced this week what many market participants were […]
December 16, 2021

News flash: QE didn’t cause inflation and the Fed taper won’t quell rising prices

2021.12.16 A government generally has two “levers” it can pull, to help get […]
November 10, 2021

Gold’s run shows interest rate hikes not coming soon

2021.11.10 Gold continued to rally on Tuesday, as investors and metal traders priced […]
November 5, 2021

The Fed has lost control of inflation

2021.11.05 The US Federal Reserve has done what market participants widely expected it […]
October 26, 2021

Case for ‘sticky’ inflation strengthens, as energy crisis intensifies

2021.10.26 The US Federal Reserve’s official line is that inflation is only temporary, […]
October 23, 2021

Food prices & farm inputs getting hard to stomach

2021.10.23 Thanksgiving is a time to appreciate the food on our tables, but […]
October 15, 2021

Is the US willing to give up the world’s reserve currency to fix its trade deficit?

2021.10.15 The balance of trade is an important barometer of a country’s economic […]
September 15, 2021

Following the minerals

2021.09.15 “Nature abhors a vacuum” is a familiar maxim in science. It means […]
September 12, 2021

In Gold We Trust

2021.09.12 Inflation is one of the best determinants of gold price movements, because […]
September 10, 2021

Economists warn of coming stagflation

2021.09.10 There is an old joke often told about economists: Three economists are […]
September 8, 2021

The Debt Trap Part Three: A Debt Jubilee

2021.09.08 Lower interest rates and massive asset purchases by central banks are the […]
August 20, 2021

Gold and the ‘taper tantrum’

2021.08.20 Gold prices are slipping as talk of a “taper tantrum” has investors […]
August 6, 2021

Why the Fed is wrong about inflation being ‘transitory’

2021.08.06 If rising food prices are ruining your appetite, you’re not alone. Costs […]
July 30, 2021

Manning samples outcrops greater than 25% Fe at three iron ore projects in Quebec

2021.07.30 Manning Ventures (CSE:MANN, Frankfurt:1H5) has taken a giant leap forward in its […]
July 16, 2021
Sprout-less Gold now Tier 1 Capital

‘Lower for longer’ interest rates + non-transitory inflation keep the shine on gold

2021.07.16 At AOTH we are invested in commodities we expect are going to […]
June 28, 2021

For industrial metals exploration, it’s game on

2021.06.28 As countries continue to vaccinate their populations, and infections drop due to […]
June 10, 2021

Mountain Boy Minerals unveils exploration plans for BC’s prolific Golden Triangle

One junior mining company that has set sights on extracting more value out of its precious/metals projects during this auspicious period is Mountain Boy Minerals Ltd. (TSX.V: MTB; OTCQB: MBYMF; Frankfurt: M9UA), which has six active projects spanning 604 square kilometres (60,398 hectares) in the prolific Golden Triangle of northern British Columbia.
June 10, 2021

Investors beat central banks and jewelry, as having the most influence on gold prices

Our research shows that most retail investors, who are the main drivers of gold’s price, trust gold more than fiat (paper) currencies to preserve their purchasing power. When debt soars, when real interest rates go negative, when cash becomes trash, gold shines brightest.
May 30, 2021

Cypress Development moves closer to advancing Clayton Valley lithium project towards feasibility

One company committed to developing America’s next lithium supply is Cypress Development Corp. (TSX-V: CYP) (OTCQB: CYDVF) (Frankfurt: C1Z1), which presently holds a 100% interest in the Clayton Valley lithium project in southwest Nevada.
May 25, 2021

Peak mined silver reached

According to Sprott Insights, the three areas of growing demand — solar, 5G and automotive — potentially account for greater than 125 million ounces, annually, in 10 years. Where is this new silver supply going to come from?

Their conclusion? “We do not see enough supply growth to offset the demand growth,” with mine supply falling since 2016 and “we do not see enough projects in development to generate the kind of production levels in question, at least not at current silver prices.”
May 24, 2021

Max’s exploration success at CESAR project comes right as copper enters “super bull” territory

Energy and precious metals explorer Max Resource Corp. (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D2) continues to make significant progress at its flagship CESAR project in northeastern Colombia, along what is considered to be the world’s largest copper-producing belt in the Andean.
May 18, 2021

Running on MT — peak copper

In a previous article we proved peak gold; in this piece, a deep dive into copper supply depletion, we ultimately reach the same conclusion, ie., that we have reached peak copper.
May 17, 2021

Gold historically follows inflation higher. Will it do so again?

According to the World Gold Council, gold is the third most consistently bought investment (46%), behind savings accounts (78%) and life insurance (56%).

According to the World Gold Council, gold is the third most consistently bought investment (46%), behind savings accounts (78%) and life insurance (56%).

Precious metals are among the best places to park your money in times of economic or political distress.
May 16, 2021

Drilling underway at Victory Resources’ Loner property as it looks to unlock value of Nevada assets

One international mining company that is committed to exploring Nevada’s mineral-rich regions is Victory Resources Corp. (CSE: VR) (FWB: VR61) (OTC: VRCFF), which has been actively looking at precious metals opportunities in the state and recently expanded its focus to battery metals.
May 15, 2021

New Found Gold, Eric Sprott show confidence in Exploits with $8M upsized private placement

Shareholders in Exploits Development Corp (CSE:NFLD, FSE:634-FF) were rewarded this week with an explosive move in the stock price following an announced $8 million financing.
May 15, 2021

Codebase Ventures’ Arcology platform moves one step closer to public testnet

One company that aims to address the common problems faced by blockchain networks is Arcology, a blockchain company 30% owned by Codebase Ventures Inc. (CSE: CODE) (FSE: C5B) (OTCQB: BKLLF).

Inspired by the challenges associated with ethereum's mass adoption, the Arcology team is developing a radically new blockchain ecosystem designed to scale at unprecedented speed by reducing costs and increasing enterprise capabilities.
May 14, 2021

Global iron ore sector has robust dynamics

Iron ore prices recently broke a new record amid a sustained rally in commodities prices as demand from top consumer China remains as robust as ever.

At the center of the latest rally is rising steel prices, from Asia to North America. Steel demand remains strong as economies - China in particular - continue their massive investments in steel-intensive infrastructure.
May 14, 2021

Rising food prices threaten world’s most vulnerable

Continuing the US (and Canadian) economic recovery is obviously important but it should not come on the backs of the poor who bear the most weight of inflation, particularly increases in food prices.

Government officials need to be aware of how their monetary and fiscal policies are impacting the most vulnerable in society.
May 12, 2021

Norden Crown developing Broken Hill Type ‘look-alike’ as investors pump billions into silver & base metals ETFs

As base metals prices continue to attract investor interest, I’m keeping a close eye on juniors like Norden Crown, whose Fredriksson Gruva target, and its resemblance to a Broken Hill Type deposit, appears to have the scale, the grades and the consistency of mineralization to interest a major.
May 11, 2021

Manning Ventures positioned to capitalize on the robust dynamics of global iron ore sector

One up-and-coming miner looking to capitalize on this supercharged commodity cycle is Canada’s Manning Ventures Inc. (CSE: MANN) (CNSX: MANN.CN) (Frankfurt: 1H5). The junior’s business approach is to acquire and explore a diversified set of projects across the country’s mineral-rich regions, with the aim of finding impactful resource discoveries.
May 5, 2021

Dr. Copper’s inflation diagnosis shows the patient is already sick

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 economy will go, has earned it a PhD in economics.
May 3, 2021

Gold to benefit from mounting US debt pile

Climbing yields, as investors rotate funds out of bonds into stocks, on increasing confidence in the economy, is the primary reason why the prices of precious metals gold and silver have pulled back in recent weeks. For now.
May 2, 2021

Tinka Resources: New tin discovery spells new heights for Ayawilca amid chronic supply squeeze

Tin currently has the highest value of the major base metals, three times the value of copper and nine times the value of zinc.

Chances are the value of zinc could stay high for a while. This is because the global tin market is in the midst of a historic squeeze (or one might call a “super squeeze”).

One potential source of tin that we should be looking at lies in the Pasco region of central Peru. This is where we find Tinka Resources (TSXV:TK, OTCP:TKRFF) and its flagship Ayawilca project.
April 29, 2021

Gold, silver, inflation and Quantifornication ‘out the wazoo’

While precious metals have somewhat been subdued over recent weeks, there’s a storm brewing that could set gold, and by extension silver, on an upward trajectory once again.
April 29, 2021

Silver to hit $30 on expected 8-year-high demand

According to the Silver Institute, global demand for silver will rise to 1.025 billion ounces in 2021, the highest in eight years, led by investments in industrial and investment-grade physical silver, ie., bars and coins.

“The outlook for the silver price in 2021 remains exceptionally encouraging, with the annual average price projected to rise by 46 percent to … $30,” it said in a statement.
April 28, 2021

Bullish copper narrative continues to build

New chapters of the copper success story that started in 2020 are being written as the tawny-colored metal basks in the glory of global climate pledges, and an economic recovery from the pandemic underpinned by strengthened industrial demand.
April 27, 2021

The case for green economy metals and the companies exploring for them

The United States is back in the fold of countries pledging to reduce greenhouse gas emissions, and that is helping to drive demand for an assemblage of metals that a global push to decarbonize and electrify is expected to require.
April 24, 2021

Biden’s Green New Deal

Joe Biden came to power as the 46th US president expecting to spend more on green energy and clean technology. Just how much more is starting to be revealed.
April 23, 2021

Exploits gearing up to drill 5 targets in Newfoundland

As the dominant landholder in Central Newfoundland exploring over 200 km of deep regional fault structures known to host significant gold discoveries, Exploits Discovery Corp. (CSE: NFLD, OTCQB:RNRRF, FSE:634-FF) continues to generate buzz in what is one of the world’s most exciting gold area plays.
April 23, 2021

The role of silver in Chinese history

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 basis of the monetary system as we know it today.

Many scholars consider the silver trade to mark the beginning of the global economy, with one historian noting that silver “went round the world and made the world go round.”

The precious metal has made an indelible mark on Chinese history, helping both to build an empire and to destroy it.

April 21, 2021

Gold’s perfect storm

There’s an old saying on Wall Street: “Six percent interest will draw money from the moon.” And it’s true, but what is also true is, 1/ As long as real interest rates are below 2% gold is in a bull market and 2/ Real interest rates below 2% draw investors to gold.

Central banks know this, so do educated gold buyers.

With Treasury notes paying such low net yields, gold becomes an attractive investment.
April 20, 2021

Water — the next US-Canada trade irritant

What gets me, though, is how bad Canadian politicians are at negotiating. Here we finally have a resource that should give us significant leverage in dealing with our largest trading partner, ie., critical metals. In return for offering our minerals and our mining expertise, what are we asking for in return? I’ve yet to discover anything in print.
April 19, 2021

Renforth delivers more promising results from Parbec, Surimeau drill programs

Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) continues to deliver good news for shareholders, this week announcing new assay results for the 2020 drill program on its wholly owned Parbec open-pit constrained gold deposit in Quebec.

Meanwhile, Renforth has also been making significant progress at its Surimeau District property (nickel, copper, zinc), a brownfield project covering an area of 215km2 south of the Cadillac Break among current and former producing mines.