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
        Despite all the talk about DOGE and cost-cutting earlier this year, the federal government spent more in fiscal 2025 than it did the previous year and set a new spending record.  
  
            In a seismic shift, Morgan Stanley CIO Michael Wilson recently came out with an investment strategy that includes a 20 percent allocation to gold.  
  
            Is it a good idea to have gold? Yes. Just ask the Italians. Italy has the third-largest gold reserves in the world. While other European countries that sold most of their gold are struggling to maintain reserves as the dollar wilts, Italy...  
  
            In another sign that we are entering an era of even looser monetary policy, Federal Reserve Chairman Jerome Powell hinted that balance sheet reduction is about to come to an end.  
  
            With gold scaling record highs on what feels like a daily basis, mainstream financial analysts are scrambling to raise their price forecasts.  
  
            After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households.  
  
            Money doesn’t grow on trees. Or does it? Well, not exactly, but scientists in Finland have discovered gold nanoparticles embedded in the needles of Norway spruce trees.  
  
            With gold reaching over $4,000, mainstream analysts are scrambling to raise their gold forecasts. On Tuesday, Goldman Sachs upped its 2026 gold target to $4,900, citing demand driven by continued central bank buying and a surge of Western...  
  
            Inflows of gold into ETFs set a record in the third quarter, driven by the largest September increase on record. This reflects Western investors finally getting off the sidelines and joining the gold bull market.   
  
            There has been a lot of hype surrounding artificial intelligence, and AI stocks have helped propel the stock market to record highs. Meanwhile, gold stocks have quietly outperformed AI chip stocks.  
  
    









