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 Reserve is losing billions of dollars. As financial journalist and market analyst Jim Grant put it during a recent interview on Fox Business, the Fed is actually broke.But most people don't seem concerned about the...
In another stagflation warning sign, the U.S. service sector contracted in April even as service prices rose.The Institute for Supply Management's non-manufacturing PMI dropped to 49.4 in April, dipping from 51.4 in March. The...
Industrial demand for silver set a record in 2023 driven by a significant increase in silver offtake in the solar energy sector. This was one of several stories on the silver market featured in the latest edition of Silver...
If the hotter-than-expected March CPI data wasn't enough to convince you, there is more evidence that the "cooling inflation" we saw late last year was transitory.The media tends to focus on the Consumer Price Index but the...
The Federal Reserve has a $34.5 trillion problem.And the problem is growing.Yes, I’m talking about the national debt. How is the debt the Fed’s problem?It hamstrings the Fed’s ability to fight price inflation.In a recent interview,...
Silver demand outstripped supply for the third straight year in 2023.Silver mine output fell by 1 percent to 830.5 million ounces last year, according to the final data released by the Silver Institute. Meanwhile, total silver demand...
Americans throw away millions of dollars in coins every year.That's because American money is junk.But that wasn’t always the case.In an article published by the Wall Street Journal, Reworld, a Pennsylvania waste management...
It was deja vu all over again. The Biden administration ran yet another massive budget deficit in March.Tax receipts were up last month compared to February, but so was spending. That led to a $236.46 billion budget shortfall,...
Silver endured a significant selloff last Friday. Was this another step forward in the bull market?This may seem counterintuitive, but GoldMoney founder James Turk thinks it was a positive sign for silver bulls. The spot price of...
They say nothing is certain but death and taxes. No matter what you do, the Grim Reaper and the taxman always show up eventually.

Well, folks, it’s April 15.

And the Taxman cometh.

Again.

I guess that’s better than the Grim...

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The melting point for silver is 961.93 °C - 1235.08 °K

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