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 now finds itself at the center of a geopolitical wrestling match over critical elements.In what is clearly an effort to control the market, China recently announced export controls on silver. This could exacerbate global supply...
In yet another sign of growing global de-dollarization, Chinese mining companies in Zambia are now paying royalties and taxes in yuan.As Bloomberg put it, this is the “latest sign of the growing acceptance of the currency on...
Silver surged above $80 an ounce on Friday, capping a meteoric rally that drove the metal’s price up 176 percent over the year.What is driving silver higher at such an unprecedented rate?There are several factors.Dollar...
The November CPI data came in much cooler than expected. This boosted optimism that the Federal Reserve has finally gotten inflation under control and fueled speculation that the Federal Reserve may be willing to deliver additional...
The November CPI data is a little like that ugly sweater you got for Christmas last year. It was an interesting topic of conversation, but it wasn’t good for much by the time January rolled around.The November CPI data came out...
With prices above $60 an ounce, many speculate that industrial demand for silver will fall due to substitution. However, the Silver Institute projects industrial demand will rise as offtake from vital technology sectors accelerates...
As the Federal Reserve revs up the money-creating machine even higher, the money supply is already growing at the fastest rate since July 2022, in the early stages of the tightening cycle.This is inflation, by definition.After peaking in...
The Federal Reserve announced a new round of quantitative easing (QE) on Wednesday.It also cut the federal fund rate by another 25 basis points.The mainstream called this “a hawkish cut.” Is that anything like a jumbo shrimp...
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...
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