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 Reserve lost $77.6 billion in 2024. And by the way, a Fed loss is ultimately your loss. The central bank began bleeding red in late 2022. In 2023, it reported an operating loss of $114 billion.
Federal Reserve Chairman Jerome Powell doesn’t think you should be worried about a recession. If history is any indication, you should probably be worried about a recession.
Record prices have dampened Indian gold jewelry demand but continue to drive investment buying. India ranks as the world's second-largest gold market. The gold market dynamics in India are similar to those in China.
Gold pushed above $3,000 an ounce last Friday and has continued to drive higher. A lot of mainstream analysts forecast $3,000 gold for this year, but the pace of gold’s climb has been faster than most expected.
Investment demand for gold in China was robust last month, with monthly ETF gold inflows setting a record. China ranks as the world’s number one gold market.
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...
