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
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.
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...
