Mike Maharrey
Mike Maharrey is a journalist and market analyst for MoneyMetals.com with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.
Mike Maharrey Articles
The Federal Reserve cranked up the inflation machine, despite acknowledging “inflation has moved up and remains somewhat elevated.” The FOMC voted 11-1 to cut the federal funds rate by a quarter percent, setting the interest rate between 4...
Last week, the National Bank of Poland announced plans to boost its gold holdings to 30 percent of its total reserve assets. The Polish central bank has already significantly increased its gold reserves.
The Federal Reserve is expected to cut interest rates by at least a quarter percent this week, dropping its federal funds rate to between 4 and 4.25 percent. What will that mean for gold and silver?
Despite the significant increase in tariff revenue, the U.S. continues to run massive budget deficits. The budget shortfall for fiscal 2025 has already exceeded last year’s deficit. So much for import duties paying for the government.
Maybe we should call it Zombie Inflation. Every time the mainstream declares price inflation dead and buried, new data comes out and rains on the funeral.
Retail sales showed a healthy increase of 0.5 percent in July. At the time, analysts claimed this was a sign of a resilient consumer. Turns out, they charged that shopping spree to their credit cards.
For the third straight month, gold flowed into ETFs globally, led by North American and European funds. This continues the general trend this year. Gold inflows into ETFs through the first half of 2025 hit levels not seen since the...
With the price of gold at record highs and demand surging in Asia, many ultra-wealthy families are embracing a 19th-century model and jumping into the gold business, taking on the role of bullion traders, financing, shipping, and flipping...
The gold bugs are right. Gold is an important asset that everybody should hold. And yet, the mainstream looks at these so-called gold bugs with derision.
Higher gold prices have put a damper on central bank gold buying, but the World Gold Council still categorized August purchases as “firm.” Globally, central banks added 10 tonnes of gold to their reserves in August.
