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
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....
In a year of massive deficits, the Biden administration ran the biggest deficit of the year in August.Meanwhile, interest on the national debt eclipsed $1 trillion for the first time.The August budget shortfall came in at $380.08 billion,...
Despite ridiculously high interest rates, Americans can’t seem to put their credit cards away.That’s probably because their savings are gone. They have to make ends meet somehow.After slowing for two straight months, consumer debt surged...
The Federal Reserve boasts of its data dependence. But what if it’s relying on bad data?Even worse, what if it’s plugging that bad data into a faulty model?In July, the Bureau of Labor Statistics (BLS) made massive downward revisions...
Gold has been on quite a bull run this year, but silver has lagged. The wide gold-silver ratio tells us that silver is historically underpriced compared to gold, and it’s clear that the white metal isn’t priced for...
Gold demand in China has been strong this year, reflecting a broader movement of the yellow metal from the West to the East. But the Chinese aren’t just accumulating gold. They have also been hoarding silver in recent months.The...
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