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
Chinese gold imports surged in the first two months of the year, underpinned by strong demand. China ranks as the largest gold market in the world.
Since the Federal Reserve announced the resumption of quantitative easing (QE) in December, the central bank has expanded its balance sheet by over $200 billion.
If you had told most people a few years ago that we’d be seriously talking about $8,000 gold today, they would have thought you were crazy. Well, we’re crazy.
Consumer spending is “under strain” according to a recent New York Times report. That’s bad news for an economy that depends on people buying stuff. We see this consumer strain reflected in the slowing growth of consumer debt.
Yesterday was Tax Day. It’s a source of misery for many of us as we write a big check to the IRS. But did you know the IRS isn’t the source of your biggest tax bill? In fact, you don’t even get a bill. You just pay the tax every time you...
The expected surge in prices due to the Iran War showed up in the March CPI data. However, it doesn't tell the real inflation story.
Central bank gold buying has slowed significantly in the last few months. However, analysts at Metals Focus think this is a temporary reaction to current factors and not the beginning of a new trend.
I’ve got a good story for the knuckleheads who run around claiming “gold is useless.” Yes, people really do say that. So, you’ve heard of people looking at the world through rose colored glasses? Well, when astronauts finally walk on the...
Unsurprisingly, given the significant price corrections in January and after the onset of the Iran conflict, significant amounts of metal flowed out of gold ETFs in March. However, it was a tale of regions, with North American funds...
Africa’s wealthiest king wants to get wealthier. Naturally, he’s looking for more gold. Managem Group, a Moroccan mining company owned by the royal family, recently announced a $750 million investment to increase gold production by 134...
