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 most surprising thing about Moody’s downgrade of the U.S. government’s credit rating was that so many people seemed surprised. The reaction should have been, “Tell us something we didn’t already know!”Last Friday, Moody’s cut Uncle Sam...
Silver jewelry demand is on the rise globally, another factor pushing the silver market to its fourth straight supply deficit in 2024.The U.S. market is playing an important role in this trend.Industrial silver demand set a record...
The federal government ran a big budget surplus in April, but don’t get too excited. Uncle Sam hasn’t solved its spending problem.In fact, it’s getting worse.The U.S. government typically runs a surplus in April with the surge of tax...
After crashing in February, consumer borrowing remained tepid in March, a worrying sign for an economy that runs on credit cards.Borrowing has been slowing for the past several months, raising the prospect that Americans may finally be...
In another sign that things aren’t so great on Main Street, bankruptcy inquiries hit pandemic-level highs in Q1.More and more people are worried about a looming recession. The mainstream blames these economic worries on tariffs, but it’s...
Silver demand outstripped new supply for the fourth straight year as industrial demand set another record.This was one of several stories featured in the new edition of Silver News published by the Silver Institute.Silver...
President Donald Trump is pushing hard for interest rate cuts.He should be careful what he wishes for, because he is begging for more inflation.Literally. Trump started badgering Federal Reserve Chairman Jerome Powell about rate cuts...
As gold marches ever higher, silver continues to lag, like a kid more interested in sniffing flowers than keeping up with his parents’ pace.Don’t get me wrong. Silver hasn’t done horribly so far this year. It is up a little over 12 percent...
Today is Good Friday, when Christians commemorate the crucifixion of Christ. With the markets closed in observance, I thought it would be interesting to delve into the role silver played in the crucifixion narrative.According to biblical...
The official numbers are in, and industrial demand for silver set a fourth consecutive record in 2024.Despite record industrial offtake, total silver demand declined by 3 percent to 1.16 billion ounces last year, primarily due to weak...
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