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
The monthly rise in prices based on the Consumer Price Index (CPI) came in slightly lower than projected, sending a wave of euphoria across the financial landscape.The consensus is cooling inflation puts Federal Reserve interest rate cuts...
Fed officials and people in the Biden administration insist "we" are making progress in tamping down price inflation. Many market analysts are optimistic enough to believe that the central bank will be able to cut interest rates this fall....
I’ve written extensively about supply shortfalls in the silver market. Silver demand outstripped the supply of the metal for the third straight year in 2023. But silver isn’t the only metal facing market deficits. Analysts...
If you follow alternative financial media, you'll often hear dollars derisively referred to as "fiat currency." What exactly does this term mean and why is it often used as a slur?Investopedia defines fiat money as a government-issued...
The Federal Reserve is losing billions of dollars. As financial journalist and market analyst Jim Grant put it during a recent interview on Fox Business, the Fed is actually broke.But most people don't seem concerned about the...
In another stagflation warning sign, the U.S. service sector contracted in April even as service prices rose.The Institute for Supply Management's non-manufacturing PMI dropped to 49.4 in April, dipping from 51.4 in March. The...
Industrial demand for silver set a record in 2023 driven by a significant increase in silver offtake in the solar energy sector. This was one of several stories on the silver market featured in the latest edition of Silver...
If the hotter-than-expected March CPI data wasn't enough to convince you, there is more evidence that the "cooling inflation" we saw late last year was transitory.The media tends to focus on the Consumer Price Index but the...
The Federal Reserve has a $34.5 trillion problem.And the problem is growing.Yes, I’m talking about the national debt. How is the debt the Fed’s problem?It hamstrings the Fed’s ability to fight price inflation.In a recent interview,...
Silver demand outstripped supply for the third straight year in 2023.Silver mine output fell by 1 percent to 830.5 million ounces last year, according to the final data released by the Silver Institute. Meanwhile, total silver demand...