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
A complex picture.That’s how Metals Focus described the silver market. This complexity is obvious simply by analyzing recent silver price movements.Objectively, silver has had a fantastic year. The price has surged by over...
Silver used in the industrial and technology sectors accounts for more than half of the demand, and the uses for silver continue to expand. Some of these innovations sound like they come straight out of a science fiction movie....
The desire to unseat the dollar as the global reserve currency is strong, but it’s easier said than done. And it doesn't appear the BRICS bloc is quite up to the task - yet.Russia, in particular, has pushed hard for the BRICS nations to...
Indian silver demand has spiked, driving the price to record levels in rupee terms.There is a perception that silver has lagged gold despite a price increase of around 35 percent on the year in dollar terms. The fact that silver...
HSBC Hong Kong announced it will formally join China’s Cross-Border Interbank Payment System (Cips).The move is yet another body blow to dollar dominance. According to the Financial Times, it will give “the world’s biggest player...
In one of the biggest economic stories of the year that nobody seems to care about, the Biden administration ran the third-largest budget deficit in history in fiscal 2024 and paid over $1 trillion just on interest payments on the debt....
What’s wrong with silver? I hear this question a lot. After all, while gold continues to hit new record highs, seemingly on a weekly basis, silver is still well below its all-time high. Meanwhile, the gold-silver ratio ...
The so-called grownups tell us everything is fine. The inflation monster is gone now.Or is it?Sure, most people don’t believe it’s there, but I think the inflation monster is hiding under the bed. The adults in the room say it's not there...
Russia plans to introduce central bank digital currency for public use next year. This is another step forward toward a completely cashless society and a step backward for financial privacy. According to a press release from...
How close are Americans to hitting their credit card limits?That's hard to say, but based on the latest consumer credit data from the Federal Reserve, they may be getting closer.Over the last several months, American consumers...
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