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
"Silver is a reliable hedge against inflation, currency devaluation, and systemic financial instability."This is the conclusion of a new report by Toronto-based Capitalight Research Inc. commissioned by the Silver Institute."...
After running the third-largest budget deficit in history in fiscal 2024, the Biden administration kicked off fiscal 2025 in a similar manner.The federal government ran a $257.45 billion budget shortfall to start the new fiscal...
Industrial demand for silver is on track for a new record high in 2024, and the silver market is on pace for its fourth consecutive annual supply deficit. According to the latest projections by Metals Focus for the Silver Institute,...
Unsurprising and bland.Those words pretty much sum up the November Federal Reserve meeting.As anticipated, the Fed cut interest rates by another quarter point. This sets the current interest rate in a range between 4.5 and 4.75 percent.The...
The votes are counted, and the results are in! Donald Trump will occupy 1600 Pennsylvania Avenue for the next four years.The GOP will also control both houses of Congress. Much will change in the next four years. But it’s also...
While President Biden and talking heads in mainstream media talk about the amazing robust economy, retail stores are closing at a frenetic pace.According to Coresight Research, 6,189 stores have already closed in 2024. That puts...
A complex picture.That’s how Metals Focus described the silver market. This complexity is obvious simply by analyzing recent silver price movements.Objectively, silver has had a fantastic year. The price has surged by over...
Silver used in the industrial and technology sectors accounts for more than half of the demand, and the uses for silver continue to expand. Some of these innovations sound like they come straight out of a science fiction movie....
The desire to unseat the dollar as the global reserve currency is strong, but it’s easier said than done. And it doesn't appear the BRICS bloc is quite up to the task - yet.Russia, in particular, has pushed hard for the BRICS nations to...
Indian silver demand has spiked, driving the price to record levels in rupee terms.There is a perception that silver has lagged gold despite a price increase of around 35 percent on the year in dollar terms. The fact that silver...
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