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
The federal government “averted disaster” as it continued to hurdle toward the edge of a cliff.Last week, Congress approved a bill to fund the government through March 14 and avoided a “government shutdown.” However, it did nothing to...
Do you know what I don't do on Black Friday?Leave the house. That's my tradition, and I'm sticking to it. It's just too peopley out there. On top of my propensity to avoid hordes of grumpy shoppers, I like to...
We generally think of gold as a safe haven asset.But what about silver?Since the silver price tends to be more volatile than gold, and because more than half of silver demand comes from industrial use, you might not think of...
The Federal Reserve booked $19.9 billion in operating losses in the third quarter.Keep in mind that Fed losses ultimately become your losses. The taxpayer is on the hook for the central bank’s shortcomings.Fed losses in the last quarter...
Bitcoin investors have enjoyed quite the windfall in the last month, with the price surging from $68,000 to over $99,000.Bitcoin is known for its rapid price gains, but it also has a history of quick and significant selloffs. How can you...
Governments around the world have the same problem.They spend too much money. The national debt in the U.S. is knocking on the door of $36 trillion, but Uncle Sam isn’t the only one spending like the proverbial drunken...
"Silver is a reliable hedge against inflation, currency devaluation, and systemic financial instability."This is the conclusion of a new report by Toronto-based Capitalight Research Inc. commissioned by the Silver Institute."...
After running the third-largest budget deficit in history in fiscal 2024, the Biden administration kicked off fiscal 2025 in a similar manner.The federal government ran a $257.45 billion budget shortfall to start the new fiscal...
Industrial demand for silver is on track for a new record high in 2024, and the silver market is on pace for its fourth consecutive annual supply deficit. According to the latest projections by Metals Focus for the Silver Institute,...
Unsurprising and bland.Those words pretty much sum up the November Federal Reserve meeting.As anticipated, the Fed cut interest rates by another quarter point. This sets the current interest rate in a range between 4.5 and 4.75 percent.The...