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

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...
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.
After holding reserves steady in July, central banks returned to gold buying in August. Based on initial data, central banks globally increased gold reserves by 10 tonnes in July, but the late report of a 10-tonne sale by Indonesia dropped...
Is Wall Street starting to embrace gold? For years, mainstream investment gurus have steered clients away from gold. But with the yellow metal gaining more than 87 percent since January 2024, it’s getting hard to ignore the yellow metal.
The federal government remains closed (kind of). How will this affect the price of gold? It will depend on how long the budget stalemate drags out, but from a historical perspective, the impact of government shutdowns has been relatively...
Even with investment demand for gold surging, it remains “underowned” according to a State Street Investment Management analyst. That means the yellow metal still has plenty of upside.
CNCB says investors should have gold as a hedge if the government shutdown persists. But they miss the real problem. That comes after the government reopens! At midnight on October 1, the feds shut the doors, turned out the lights, and...
Despite record-high prices, Indians are holding on to their gold. Since the beginning of the year, gold has soared by 44 percent in rupee terms. That’s on top of a 21 percent gain last year.
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. 

Gold is still being mined and refined at the rate of almost 2,600 tonnes per year.

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