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
On Friday, the spot price of gold topped $3,000 an ounce for the first time. This is yet another milestone in a bull run that started last year.
I ran across a story the other day that can serve as a cautionary tale. I'll tell you up front that there are a lot of unanswered questions in this story, but with a little speculation, I think I can squeeze out a lesson.
Policies such as tariffs have consequences – both good and bad. It’s easy to focus on a policy decision's perceived benefits, but it’s crucial to consider potential negative ramifications.
Price inflation moderated in February, setting the stage for more inflation. The CPI data for last month wasn’t bad. It broke a four-month upward trend, and the numbers all came in lower than forecast.
An end to the dollar’s status as the world’s reserve currency would mean disaster for the U.S. economy. The United States depends on global demand for dollars to facilitate its borrowing and spending. The greenback’s status helps support...
The National Bank of Kazakhstan (NBK) recently announced plans to sell dollars to ease the inflationary pressure caused by its gold purchases.
Led by North American funds, ETF gold holdings grew globally for the third straight month. ETFs in every region reported inflows of gold totaling 108.3 tonnes. That drove total ETF gold holdings to 3,353 tons, the highest month-end level...
Strong demand for gold coupled with a movement of metal to New York has caused a dramatic gold bar production problem at the state-owned Korea Minting and Security Printing Corporation (KOMSCO).
Official central bank gold buying started 2025 the same way it ended 2024 - strong. Globally, central banks added a net 18 tonnes of gold to their holdings in January.
A lot of gold has moved from London to New York in recent weeks. Mainstream analysts blame the dynamic on the threat of tariffs pushing the futures price of gold (and silver) higher in New York. There could also be a more fundamental issue...
