first majestic silver

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

After rebounding in September, central bank gold buying surged in October, doubling the 12-month average. Central banks added a net 60 tonnes of gold to reserves in October, the highest monthly total year-to-date, according to data...
During a recent interview, Federal Reserve Chairman Jerome Powell said Bitcoin is “just like” gold and is not competing with the U.S. dollar. Not long after his comments, Bitcoin surged to over $100,000.
The Federal Reserve is losing billions of dollars every month. And do you know whose problem that is? Yours. In this episode of the Money Metals' Midweek Memo, host Mike Maharrey explains why the Fed is losing money, why it matters, and...
Last week, Russia announced a temporary ban on the export of precious metals scrap. The Russian government hopes keeping scrap within its borders will enhance domestic refining operations.
In a region fraught with geopolitical turmoil, Eastern European central banks are loading up on gold. Poland, Hungary, and the Czech Republic have been among the top gold buyers this year, with Poland leading the way.
Indians have a strong affinity for gold and silver. This has traditionally been expressed in demand for gold and silver jewelry, along with bars and coins. But over the last year, there has been tremendous growth in gold and silver...
There's been a lot of talk about "de-dollarization," with many countries trying to minimize their exposure to the U.S. dollar. But is the dollar really in trouble?
It took 118 days to add another trillion dollars to the national debt. That’s just under 16 weeks. On Thursday, Nov. 21, the national debt officially blew past $36 trillion. To be exact, it hit $36,034,994,586,981.97.
Could the Artificial Intelligence (AI) revolution boost gold demand? According to a report by the World Gold Council, the answer is yes. Gold's excellent conductivity and its malleability make it an important component in the manufacture...
The United Arab Emirates is poised to usher in an “Asian Century” for gold to challenge dollar dominance, according to a report published by the Dubai Multi Commodities Centre (DMCC).

Gold is found in nature in quartz veins

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