first majestic silver

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 universe seems to know the dollar is in trouble. During a recent news conference, a reporter asked Treasury Secretary Janet Yellen, "How concerned are you about the potential impact of the dollar's status as the world reserve currency?"
A recently announced Chinese economy stimulus package could provide a shot in the arm for the Chinese gold market. China ranks as the world's number one gold consumer. 
While everybody was watching the gold and silver bulls run, the price of palladium shot up by about 8 percent on Thursday (Oct 24). In fact, palladium is up by around 27 percent since earlier this month, having spiked from $922 an ounce to...
Since the Federal Reserve enacted its supersized rate cut in mid-September, the yields on 10-year and 30-year Treasuries have spiked. I don’t think that was the plan.
Gold’s long-term return is greater than conventional wisdom might lead you to believe. Traditional analysis of gold's returns leaves out important factors. Models considering these elements reveal much better returns over time that far...
U.S. dollar – we’re coming for you! That’s the message ahead of the upcoming BRICS summit set to kick off in Kazan, Russia, next week.
While central banks around the world have been aggressively adding gold to their reserves, central bankers don’t tend to talk much about the yellow metal.
Poland has joined an elite club. The country has increased its gold reserves to over 400 tons. According to National Bank of Poland Governor Adam Glapiński, the county holds 420 tons of gold “on behalf of all Poles.”
The gold bulls kept running in September as gold set new record highs eight times and the price gained another 4.6 percent. And it appears this bull market has plenty of momentum left in it.
Led by North American funds, gold-backed ETFs reported net inflows of metal for the fifth straight month in September. Globally, ETFs reported a net 18.4-ton increase in gold holdings last month.

Small amounts of natural gold were found in Spanish caves used by the Paleolithic Man about 40,000 B.C.

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