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
Gold is soaring, hitting multiple new record highs. Silver is surging, having gained nearly 40 percent this year. But another metal is outperforming them both.Platinum.The metal is up just over 51 percent since the beginning of the...
Silver is up an impressive 39.7 percent so far this year, hitting the highest level since 2011. It has broken through the significant $40 per ounce resistance and appears to be on track for a new record high over $50. Yet,...
Silver has rallied once again, breaking through the significant $ 40-per-ounce resistance level. It’s the first time silver has eclipsed $40 since 2011.Since last Friday (Aug. 29), silver has gained over 5 percent.What is driving this...
With the price of silver up 25 percent through the first six months of 2025, investment demand has surged. However, U.S. investors have not hopped on the bandwagon – yet.The increase in investment demand is reflected by a big...
Mike Maharrey begins this episode of the Money Metals Midweek Memo by pointing out a paradox. Rising consumer debt is often reported as good news, framed as a sign of economic confidence. Analysts cheer when people borrow more, saying it...
The U.S. Department of the Interior has proposed adding silver to its list of critical minerals. The list, established in 2017, guides federal strategy, investment, and mine permitting decisions.According to a Department of the...
Declining South African mine output is contributing to the structural deficit in the platinum market, and the situation isn’t likely to improve soon.Platinum demand outstripped supply for the third straight year in 2024.Platinum...
We know that people have valued gold and silver for thousands of years, but new evidence reveals that people were using the metals in a much more sophisticated way earlier than originally thought.French researchers have found the oldest...
Corporate bankruptcies hit a 14-year high in 2024, and the pace continued through the first seven months of 2025.This should throw cold water on those who imagine the U.S. economy is booming, and it underscores the Catch-22 facing the...
Iran has found a solution to its inflation problem.Just lop some zeros off the currency.A parliamentary economics committee recently approved a bill to re-denominate the rial. The new currency would retain the name, but one new rial would...
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