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
Consumer borrowing remained tepid in October, possibly indicating that Americans are feeling increasing financial stress. The U.S. economy depends on consumers buying stuff. Persistent price inflation forced Americans to blow through their...
Gold ETFs globally reported net inflows of gold for the sixth straight month, driven by a strong surge in Asian investment. Globally, gold-backed funds reported a 38.5-tonne increase in gold holdings. The pace of metal inflows moderated...
Iranians are turning to gold as sanctions and government policy destroy their currency. The average inflation rate in Iran has climbed to over 40 percent (based on CPI) on an annual basis. According to an AP report, gold has become the...
After taking a breather earlier this year, central banks are once again gobbling up gold, with October purchases hitting the highest level of the year.
With gold trading solidly over $4,000 per ounce, mainstream banks have been scrambling to raise their 2026 price projections. Last week, Deutsche Bank joined the scramble, upping its average price forecast by 11 percent.
Did you know the Pilgrims started their life in America deeply in debt? I've been talking a lot about the Debt Black Hole facing the U.S. (and global) economy. Greg Weldon coined the term because debt skews an economy in the same way that...
Indian gold imports surged to record levels in October, despite high prices. India ranks as the world's second-largest gold market behind China. It was the fourth consecutive month of increasing gold imports, both in terms of value and...
After the 2008 financial crisis, the Federal Reserve embarked on nearly a decade of extraordinarily loose monetary policy. This not only incentivized the creation of a Debt Black Hole and introduced all kinds of malinvestments into the...
After rebounding in September, wholesale gold demand in China increased again, defying seasonal weakness. China ranks as the world’s largest gold market. Gold prices surged in early October, setting several records before correcting later...
What do you do if the government is relentlessly devaluing your money? Save in gold. That’s exactly what people in Turkey are doing.
