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
You might think that this gold bull rally is quite young. However, Rick Rule argues that this bull market has really been going on since 2000.
German officials are once again calling for the country’s central bank to bring its gold home. Germany owns the second-largest gold reserves in the world at 3,352 tonnes. About 1,200 tonnes valued at around €164 billion ($194 billion) are...
In October, Bank of America raised its 2026 gold price forecast to $5,000. Mission accomplished as of January 23. Now the big bank has upped its projection again, calling for $6,000 gold this year.
The National Bank of Poland has approved a plan to purchase even more gold. On Tuesday (Jan. 20), the bank issued a statement saying it plans to purchase up to 150 more tonnes of gold, raising its holdings to a maximum of 700 tonnes.
Here’s one reason to own gold. The appreciation of Russia’s gold reserves has nearly replaced the value of the assets frozen by the European Union when the country invaded Ukraine.
While many Western investors still lack exposure to precious metals, a Hong Kong billionaire has allocated a quarter of his wealth to gold and advises others to do the same.
Indian gold demand has remained resilient, despite record-high prices, driven by strong investment demand. India ranks as the world’s second-largest gold market.
Consumer borrowing cratered further in November, likely reflecting growing consumer stress, as price inflation persists and credit cards become maxed out.
Despite the influx of tariff revenue, the federal government continues to run a massive budget deficit. The December budget shortfall came in at $144.75 billion, a record for the month. That was 68 percent higher than December 2024.
Analysts warned that the December CPI report would be “muddy.” It was. But you will find what you really need to know about the current trajectory of inflation in two unrelated charts.
