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
Investment continues to drive strong gold demand in India, driving prices to a premium in January. India ranks as the second-largest gold market in the world.
Another big bank has raised its gold forecast. This time, it’s JPMorgan expressing more bullish sentiment despite the recent correction. The big bank raised its 2026 gold forecast from $5,055 per ounce to $6,300.
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...
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...
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 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...
