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.
Articles by Mike Maharrey
It was deja vu all over again. The Biden administration ran yet another massive budget deficit in March.Tax receipts were up last month compared to February, but so was spending. That led to a $236.46 billion budget shortfall,...
Silver endured a significant selloff last Friday. Was this another step forward in the bull market?This may seem counterintuitive, but GoldMoney founder James Turk thinks it was a positive sign for silver bulls. The spot price of...
They say nothing is certain but death and taxes. No matter what you do, the Grim Reaper and the taxman always show up eventually.
Well, folks, it’s April 15.
And the Taxman cometh.
Again.
I guess that’s better than the Grim...
Well, folks, it’s April 15.
And the Taxman cometh.
Again.
I guess that’s better than the Grim...
Indians are known to have a love affair with gold. India ranks as the number two gold-consuming country in the world behind only China. But Indians are also pretty fond of silver. In fact, India is the world's biggest ...
It appears cooling price inflation was “transitory” to borrow a favorite Federal Reserve term from a bygone era.The Consumer Price Index (CPI) for March was hotter than expected by every metric.The consensus was price inflation would show...
After moderating credit card spending in January, American consumers pulled out the plastic yet again in February.Credit card balances surged, driving overall consumer debt up by another $14.1 billion, a 3.4 percent annual increase....
With Russia taking the lead, the BRICS bloc is talking about creating a new payment system that isn’t controlled by the United States and that is not dependent on the dollar.Such a system could accelerate de-dollarization.BRICS is an...
If a formula spits out a number you don't like, just change the formula so you get a better number!That’s exactly what the Bureau of Labor Statistics did to the Consumer Price Index formula in the 1990s. Because the CPI kept indicating...
Everybody wants to know when the Federal Reserve is going to declare victory over price inflation and begin loosening monetary policy.The real question is - when are they going to make monetary policy tight again?Because despite all the...
You've almost certainly heard of Bernie Madoff's Ponzi scheme. He was sentenced to 150 years in prison for running it. Well, as Mike Maharrey explains in this episode of the Money Metals' Midweek Memo, Joe Biden is overseeing an even...
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