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
Despite central bank gold buying slowing moderately in the second quarter, it set a record through the first half of 2024.
During its July meeting, the Federal Reserve signaled that a rate cut is likely in September. In his post-meeting press conference, Jerome Powell said, "If we were to see inflation moving down ... more or less in line with expectations,...
Gold demand was up 4 percent to 1,258 tons in the second quarter, the highest level on record since the World Gold Council started compiling data in 2000. Demand for gold was strong in the second quarter despite record gold prices. The...
On July 26, the national debt blew past $35 trillion for the first time. We are now cursed with a debt of $35,001,278,179,208.67. This milestone will likely raise some eyebrows, but nobody will do anything about it.
Did you know the Fed has already loosened monetary policy? While everybody focuses on the prospect of a Federal Reserve interest rate cut and salivates in the hope of easier money, most people completely ignore the other prong of central...
If you listen to politicians and pundits, you might think price inflation isn’t so bad. If you have to buy stuff out there in the in the real world, you know better. Heck, price inflation is so bad, even kids realize something is wrong.
One of the ways the government maintains its fiat money system is by throwing up legal and regulatory roadblocks to those wanting to use real money such as gold and silver. Reviving the use of gold clause contracts removes one of those...
Today, India slashed its import tax on gold and silver, a move that could further boost demand for both precious metals in the world’s second-biggest gold market and support higher prices globally.
You might think of gold as old-fashioned - an investment that mostly appeals to Boomers. But in the real world, it's Millennials and Gen-Zers who are clamoring for gold.
At least he accepted bribes that would retain their value. On July 16, a jury convicted Senator Bob Menendez (D-N.J.) on 16 counts, including wire fraud, bribery, and extortion. According to the indictment, the senator and his wife took...
