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
After a one-off surge in April, consumer borrowing tanked again in May, a sign that Americans might be close to tapping out as they hit their credit card limits.Locked at home and flush with stimulus money, Americans paid down their credit...
Silver is still on sale.Despite the June rally that pushed silver from $33 to over $37 an ounce, the metal remains historically underpriced based on several metrics.To begin with, there is still a historically wide gap between the...
The Federal Reserve’s Washington, D.C. headquarters is getting an expensive facelift, and it appears Fed Chairman Jerome Powell lied about it to Congress.According to reporting by the New York Post, the cost of the taxpayer-...
Strong silver jewelry sales in the U.S. are one of the many factors that pushed the silver market to its fourth straight supply deficit in 2024.This was one of several interesting stories featured in the latest edition of the...
Are interest rates too high?A lot of people think they are, and a growing chorus of voices is calling on Federal Reserve Chairman Jerome Powell to cut rates.Are they right? Does the central bank need to step in, slash interest...
Despite the prevailing notion that the Federal Reserve has implemented “tight” monetary policy, the money supply has expanded by more than $600 billion since its low point in mid-2023.Based on the “true,” or Rothbard-Salerno, money...
Do you feel like you spend more and more money every month but get less and less for it?That’s because you are.As talking heads on mainstream financial networks point to ever-increasing retail sales (May data notwithstanding) and gush...
Even as the Federal Reserve stood pat and held interest rates steady at between 4.25 and 4.5 percent, the Swiss central bank slashed its rates to zero and indicated that negative interest rates are a possibility.The Swiss National Bank cut...
Powell & Company at the Federal Reserve sees an elevated stagflation threat. In response, they decided to do nothing.The Fed held interest rates steady between 4.25 and 4.5 percent. Rates have remained at that level since last December...
After running a surplus in April thanks to tax day, the federal government was back to business as usual in May, spending massive amounts of money and charting another big budget deficit. At $316 billion, the May budget shortfall...
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