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
Over the last several weeks, I’ve seen several stories about a massive gold discovery in Uganda. According to the reports, exploration surveys indicate a deposit of 31 million tonnes of ore that would yield approximately 320,158 tonnes of...
For the first time since 1996, foreign central banks hold more gold than U.S. Treasuries as the world continues to de-dollarize.
Gold has been on quite the bull run, up 26 percent in 2024 and another 27 percent so far this year. This impressive run occurred despite American investors largely remaining on the sidelines.
Chinese analysts recently expressed concern about the sustainability of the U.S. government’s borrowing and spending, suggesting that the country should further limit its exposure to U.S. debt.
Earlier this month, Citi raised its gold forecast. Another big bank, UBS, has now followed suit. The Swiss investment bank nudged its Q1 2026 forecast gold price by $100 to $3,600 an ounce. This would mean new record highs over the next...
According to Canadian customs data, coal, canola, and petroleum rank as the country’s top exports to China. But Chinese records tell a different story. Based on China’s data, gold is the top Canadian import.
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.
