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
HSBC Hong Kong announced it will formally join China’s Cross-Border Interbank Payment System (Cips).The move is yet another body blow to dollar dominance. According to the Financial Times, it will give “the world’s biggest player...
In one of the biggest economic stories of the year that nobody seems to care about, the Biden administration ran the third-largest budget deficit in history in fiscal 2024 and paid over $1 trillion just on interest payments on the debt....
What’s wrong with silver? I hear this question a lot. After all, while gold continues to hit new record highs, seemingly on a weekly basis, silver is still well below its all-time high. Meanwhile, the gold-silver ratio ...
The so-called grownups tell us everything is fine. The inflation monster is gone now.Or is it?Sure, most people don’t believe it’s there, but I think the inflation monster is hiding under the bed. The adults in the room say it's not there...
Russia plans to introduce central bank digital currency for public use next year. This is another step forward toward a completely cashless society and a step backward for financial privacy. According to a press release from...
How close are Americans to hitting their credit card limits?That's hard to say, but based on the latest consumer credit data from the Federal Reserve, they may be getting closer.Over the last several months, American consumers...
The road out of my neighborhood looks like a war zone.Helene did quite a number on us here in the Tampa Bay Area (and elsewhere). Storm surge flooding inundated thousands of homes and businesses with up to four feet of water in some areas...
Russia reportedly plans to add silver and boost its gold, platinum, and palladium holdings in its state fund next year.This would be the first time Russia has held silver in its state fund.According to an Interfax report, the...
Demand for silver has skyrocketed in recent years, and supply hasn’t been able to keep up.Silver demand has outstripped supply for three straight years and the Silver Institute projects another market deficit in 2024. This is...
As I sit here and watch outer bands from Hurricane Helene spin into the area, I thought this would be a great time to teach a little economics.I know this is a fruitless endeavor, but I have to at least give it the old college try.As is...