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
Daddy poured more punch into the punch bowl even as he threatened to cool the party down. Whether Papa Powell follows through on the threat remains to be seen.The Federal Reserve delivered another interest rate cut at its December meeting...
The stock market and the economy have been generally kind to the Boomer generation. But Rich Dad Poor Dad author Robert Kiyosaki has a warning. "BOOMERS are SOL: When stock market bursts…BOOMERS will be BIGGEST...
Through the first two months of fiscal 2025, the Biden administration managed to run a $624.21 billion budget. It's the biggest shortfall to start a year on record. The November deficit came in at $366.76 billion, according to...
After two months of keeping their credit cards in their wallets, American consumers pulled out the plastic again in October.A surge in card spending drove consumer debt higher by $19.2 billion, a 4.5 percent increase, according to the...
Do you know what I don't do on Black Friday?Leave the house. That's my tradition, and I'm sticking to it. It's just too peopley out there. On top of my propensity to avoid hordes of grumpy shoppers, I like to...
The Federal Reserve booked $19.9 billion in operating losses in the third quarter.Keep in mind that Fed losses ultimately become your losses. The taxpayer is on the hook for the central bank’s shortcomings.Fed losses in the last quarter...
We generally think of gold as a safe haven asset.But what about silver?Since the silver price tends to be more volatile than gold, and because more than half of silver demand comes from industrial use, you might not think of...
Bitcoin investors have enjoyed quite the windfall in the last month, with the price surging from $68,000 to over $99,000.Bitcoin is known for its rapid price gains, but it also has a history of quick and significant selloffs. How can you...
Governments around the world have the same problem.They spend too much money. The national debt in the U.S. is knocking on the door of $36 trillion, but Uncle Sam isn’t the only one spending like the proverbial drunken...
"Silver is a reliable hedge against inflation, currency devaluation, and systemic financial instability."This is the conclusion of a new report by Toronto-based Capitalight Research Inc. commissioned by the Silver Institute."...