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
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...
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...
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...
Have you done your taxes yet?If you’re a procrastinator, like me, probably not. Especially if you owe money.Well, I’ve got bad news. This is your last weekend to get it done.The taxman cometh.Next Tuesday, to be exact.I’ve been dreading...
The Federal Reserve just got the green light to crank up the inflation machine.The Consumer Price Index (CPI) moderated in February and turned downright cool in March. Prices fell month-on-month, driven by much lower energy costs.That...
Talk about a roller coaster.After plunging for several days, stocks soared Wednesday afternoon after President Trump announced a tariff pause. The S&P 500 rocketed 9 percent, charting its third-largest single-day gain since World War...
Would you loan money to Uncle Sam?That’s becoming a pertinent question as the U.S. government’s fiscal situation continues to deteriorate.The national debt surged over $36 trillion last fall, and despite some cutting by DOGE,...
BRICS continues to develop a cross-border payment system that would provide an alternative to SWIFT and minimize reliance on the dollar. Success in the endeavor would accelerate de-dollarization and create significant problems for the U.S...
They buried the lede.The Federal Reserve loosened monetary policy significantly during the March FOMC meeting that wrapped up Wednesday.“But wait,” you say. “The Fed held interest rates steady, right?”Yes. Yes, they did.The federal funds...