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
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...
Don’t overlook silver.Gold has been in the spotlight this year. The yellow metal has set multiple records and has outperformed a red-hot stock market.Meanwhile, in the shadows, silver has enjoyed a nice run-up of its own. The white...
Talking heads and politicians laud the “resilience” of American consumers. They managed to keep spending despite rapidly rising prices thanks to post-pandemic price inflation.But these pundits and politicos rarely talk about how ...
Jerome Powell says the economy is in “solid shape.” Jerome Powell says inflation is still elevated. Jerome Powell says he doesn’t see a recession risk.And yet the Federal Reserve just supersized its rate cut, indicating that the central...
Retail sales beat expectations in August, rising by 0.1 percent month-on-month. You might assume this means American consumers did better this month than last month. A deeper look into the context of these numbers offers another...
After Congress passed a bill to establish the first national bank -- a forerunner of the modern Federal Reserve -- President George Washington asked Attorney General Edmund Randolph to prepare an opinion on the bill’s constitutionality....
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