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
It’s the Friday before Christmas, and as my gift to you, I’m going to wreck one of your childhood holiday memories.Yes. I am a grownup. But I still love Christmas specials. Snoopy decorating his doghouse. The Grinch folding up the...
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...
The federal government “averted disaster” as it continued to hurdle toward the edge of a cliff.Last week, Congress approved a bill to fund the government through March 14 and avoided a “government shutdown.” However, it did nothing to...
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...
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...
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...
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...
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