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 Bolivian government is using gold to maintain the country's solvency. Large amounts of dollar-denominated debt burden Bolivia, and the country owns the lowest credit rating of any Latin American country, according to S&P Global....
On August 11, the national debt officially topped $37 trillion for the first time. It took a little longer to hit this milestone. It only took 188 days for the debt to grow from $35 trillion to $36 trillion. It took another 265 days to...
Since hitting a record high of $3,500 an ounce in April, gold has consolidated and generally traded sideways over the last several months. Some have speculated that the rally might be over, but economist Thorsten Polleit believes the rally...
Indian jewelry dealers remain upbeat despite headwinds created by higher prices. They expect demand to rebound in the latter half of the year and are aggressively stocking inventory as the fall festival and wedding season approaches.
For the second straight month, consumer borrowing was weak, indicating Americans might be close to their credit limits. Over the last several months, credit card spending has dropped, signaling that Americans may be running out of...
Would you trade fiat dollars for common bottle caps? Probably not, right? Not unless they were some pretty special bottle caps. After all, you’d be trading money for a worthless scrap of metal you can find along the shoulder of pretty much...
Gold represents financial security – even when the world is against you. Russia has used its extensive gold holdings to keep its economy afloat in the midst of aggressive Western sanctions after it invaded Ukraine. Recent reports indicate...
Gold inflows into ETFs through the first half of 2025 hit levels not seen since the pandemic, and that trend continued through July. According to the latest data compiled by the World Gold Council, 22.8 tonnes of gold valued at around $3.2...
Citibank just did a 180 on gold and now forecasts new record highs before the end of the year. Just six weeks after lowering its forecast and warning that gold could drop below $3,000 before the end of the year, Citibank now projects gold...
Higher prices appear to have put a drag on central bank gold buying. However, the pace of expanding gold reserves remains far above the historical average.
