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
Investors continued to pour into the Chinese gold market in March as prices surged to new records. China ranks as the world’s largest gold market.
Gold’s record run has been nothing short of astounding, and it appears the bulls have plenty of strength left in them.
Demand for gold is so strong in China that the government has allocated additional gold import quotas for commercial banks. According to a Bloomberg article, strong haven demand from institutional and retail investors led to the move.
The American economy is a bubble. The thing about bubbles is that they eventually pop. All they need is a pin.
Last week was a wild one for investors, with stocks whipsawing in a storm of volatility and uncertainty. When the dust settled, gold was the last safe haven standing.
Significant amounts of gold flowed into gold ETFs for the fourth straight month in March, driving assets under management (AUM) to a new month-end record. Funds in every region reported inflows of gold, with North American ETFs leading...
If you wonder why so many central banks continue to load up on gold, Russia’s experience with the yellow metal provides the answer.
Record prices haven't dulled central banks' appetites for gold. Globally, central banks officially added another net 24 tonnes of gold to their reserves in February, according to the latest data released by the World Gold Council.
Indian investors are turning to gold as the domestic stock market tanks. This isn't a surprise, but there is a twist. Indians are increasingly turning to ETFs to gain exposure to the yellow metal.
The U.S. dollar's status as the global reserve currency continues to erode, with gold and “non-traditional” reserve currencies gaining ground.