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
Singapore and Hong Kong are seeking to usurp London as the center of the global gold trade, another indication of the yellow metal’s shift from West to East.
Most people define inflation as rising consumer prices. Price inflation is part of the inflationary equation, but inflation also manifests in other ways, for instance, in asset inflation.
Federal Reserve Chairman Jerome Powell and his fellow central bankers are stuck between a rock and a hard place – and he knows it.
Chinese investment demand has served as one of the primary drivers of the gold bull run so far, but it has ebbed in recent weeks with a surge in the Chinese stock market. However, World Gold Council analyst Ray Jia says he expects...
As expected, the Federal Reserve cut interest rates by 25 basis points last week. How will this impact the gold market? The cut was already priced into the markets. The real question is: what will the central bank do moving forward?
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.
