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
I see a lot of people out there in the world of social media claiming that Trump is solving the debt problem. One woman insisted that "Trump is paying down the debt!" However, despite all the talk about DOGE and spending cuts, despite all...
Chinese consumers seeking a “safety net” are gobbling up gold even with prices at record levels. The Chinese Lunar New Year holiday (Feb. 17) typically boosts Chinese gold demand. This year, buying is hotter than ever, even with elevated...
The Consumer Price Index is cooling, but what about inflation? The January CPI data give the impression that the Federal Reserve is finally winning the war against inflation. Not only was the data cooler than expected, but it’s also...
The Federal Reserve put interest rate cuts on pause at the January meeting. The central bankers cited expanding economic activity and a stable labor market as reasons for the pause.
Tariff revenue is closing the budget deficit, but federal spending continues to increase, erasing some of those gains and driving Uncle Sam deeper into debt. The federal government ran a $94.62 billion deficit in January, according to the...
Despite the recent selloff, Canadian Imperial Bank of Commerce (CIBC) remains bullish, forecasting $6,000 gold and $100 silver in 2026.
Fundamentally, gold is money, but it does have other practical uses, contrary to what some ignorant commentators might tell you.
Underscoring the fact that gold is money, Tanzania plans to use part of its gold reserves to finance infrastructure development. Late last month, President Samia Suluhu Hassan directed the Tanzanian central bank to liquidate a portion of...
A cooperation agreement between the Hong Kong Special Administrative Region (HKSAR) and Shanghai will facilitate gold trading as part of a push to elevate the role of China’s two financial centers in the global gold market.
After rising to an all-time high of 4,025 tons in 2025, ETF gold holdings continued to climb in January, growing by another 120.1 tons. In dollar terms, ETFs globally added $19 billion to their gold holdings. It was the strongest monthly...
