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
Unsurprisingly, given the significant price corrections in January and after the onset of the Iran conflict, significant amounts of metal flowed out of gold ETFs in March. However, it was a tale of regions, with North American funds...
Africa’s wealthiest king wants to get wealthier. Naturally, he’s looking for more gold. Managem Group, a Moroccan mining company owned by the royal family, recently announced a $750 million investment to increase gold production by 134...
Who says gold doesn’t grow on trees? OK, so it doesn’t. But there have been cases of gold discovered inside trees. In Australia, researchers have found minute traces of gold in the leaves of eucalyptus trees.
Despite sales by Turkey and Russia, net central bank gold buying was positive in February, rebounding from a tepid January. In total, central banks globally added a net 19 tonnes of gold to their reserves in February. That was up from just...
One of the things that makes gold valuable is its scarcity. But just how rare is gold? Based on best estimates, geologists at Metals Focus estimate that there are 219,890 tonnes of gold currently above ground. That sounds like a lot, but...
After an initial safe-haven boost at the onset of the Iran war, gold corrected and has behaved more like a risk asset. However, HSBC analysts say the de-dollarization trend still makes the yellow metal a good long-term investment.
Despite price volatility and the recent dip in gold prices, the Swiss Bankers Association says the yellow metal will continue to become more important as a store of value in an increasingly fragmented and politically uncertain global...
The U.S. government is insolvent. This isn’t hyperbole. In fact, you could call it an understatement. The Treasury Department recently released its consolidated financial statements for fiscal year 2025. Uncle Sam ended the year with $6.06...
Even as gold faces significant price pressure as the Iran war drags on, dealers in Singapore are bracing for continued high demand. The Straits Times reports that bullion dealers, jewelers, and pawn shops report a surge in precious metals...
I’ve turned bearish on gold. For now. Bearish sentiment has taken over the markets. As one analyst put it, “Wall Street has thrown in the towel on gold.” The problem is, they threw in the towel while they were still dripping wet.
