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
Is silver a Giffen good?It appears to be behaving like one.A Giffen good, named after Scottish statistician and economist Sir Robert Giffen who developed the theory, is an “inferior good” whose demand rises as its price increases...
It appears the holiday shopping season is being sucked into the massive Debt Black Hole floating through the global economy.Based on preliminary data, the Christmas shopping season is off to a good start. According to data parsed...
A regulatory change in India could give silver another boost.Beginning in April 2026, Indians will be able to use silver assets as collateral for loans from banks, non-banking financial companies, and household finance firms. Under the...
Silver has taken us on a wild ride, nearly doubling in price this year. However, some analysts worry that silver is taking us down a path of disappointment. They base their bearish sentiment on history. After all, silver teased us...
A fundamental dynamic is driving the rally in silver prices: there simply isn’t enough metal.Silver topped $58 an ounce on Monday before sliding on Tuesday on profit-taking.Silver has gained over 99 percent this year.In October, ...
The Federal government took in a record amount of tariff revenue in October. It also ran the highest October budget deficit on record.The Trump administration spent $284.35 billion more than it took in to kick off fiscal 2026. That was...
It’s finally Black Friday!Of course, it feels like it’s been Black Friday for weeks. Yesterday was Black Friday. Tomorrow will be Black Friday. Heck, last week was Black Friday. And next Friday, it will still be Black Friday.This is how we...
You might want to sit down for this one.The Bureau of Labor Statistics erased 33,000 jobs from its July and August reports with downward revisions.Shocking, I know.In July, the BLS reported 79,000 jobs created. In the September report (...
If I travel to another country, I’ll generally need to make a currency exchange before I can go shopping. I’ll have to swap my dollars for euros if I’m in Europe, or yuan if I’m in China, or perhaps lira if I’m in Turkey. However, in...
The silver market is on track for its fifth straight structural market deficit.The recent silver squeeze that pushed the silver price to a record high was partly due to a displacement of metal. There was too much silver in New...
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