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
You've almost certainly heard of Bernie Madoff's Ponzi scheme. He was sentenced to 150 years in prison for running it. Well, as Mike Maharrey explains in this episode of the Money Metals' Midweek Memo, Joe Biden is overseeing an even...
Gold has garnered a lot of attention in the last few weeks with its record-setting run. Since the end of February, gold is up nearly 7 percent and set an all-time record of $2,195 an ounce along the way.This is really good news for ...
In an interview on the Russian news agency TASS, Kremlin aide Yury Ushakov announced that the BRICS nations plan to develop a new payment system based on the blockchain.This sets the stage for further de-dollarization and could...
Silver demand is expected to hit 1.2 billion ounces this year. That would rank as the second-highest annual silver demand on record.Record industrial demand for silver is expected to drive overall silver offtake this year, according...
What drives the price of silver?Understanding silver pricing can be tricky because of the metal’s dual nature. It is an industrial commodity, but fundamentally, silver is money.A recent report by the Silver Institute ...
You can effectively use a stick to keep people in line. But you might find yourself in trouble if they pick up a bigger stick.The United States could be in danger of finding this out the hard way.The U.S. government uses the dollar’s...
Jerome Powell needs to look in the mirror.During a recent interview aired on 60 Minutes, the Federal Reserve chairman said it was time to have an “adult conversation” about the national debt and conceded that the U.S....
The commercial real estate market continues to deteriorate in this high-interest rate environment, putting stress on the banking system.The dollar amount of bad commercial real estate loans has ballooned beyond the loss reserves held by...
The bank bailout program established by the Federal Reserve in the wake of last spring's banking crisis is scheduled to shut down on March 11.Then what?There are a lot more questions than answers.For instance, will the Fed blink?...
The federal government's budget deficit was “only” $21.93 billion in January.That was a significant improvement over the $129 billion shortfall recorded in December.But don’t throw the confetti.The smaller deficit was primarily due to...
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