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.
Mike Maharrey Articles
The Federal Reserve’s bank bailout program shut down on March 11. So, what next? The Fed created the Bank Term Funding Program (BTFP) after the collapse of Silicon Valley Bank and Signature Bank last March. The program was set up so banks...
Gold just had quite a bull run, setting a new all-time high along the way. But Money Metals’ Midweek Memo host Mike Maharrey says this is just the opening act. If you enjoyed that, you’re really going to like the feature.
Thanks to record tax receipts, the January budget deficit was "only" $21.93 billion in January. In February, government receipts fell back to normal. Spending was normal too - normally high. As a result, the February budget deficit was...
What is driving the recent gold rally? As with any bull run, there are many factors -- hope that the Federal Reserve is about to get the easy money gravy train back on the track chief among them. However, I have speculated that one of the...
Gold production had flatlined even before the pandemic. After slowing for several years, gold mine output fell by 1 percent in 2019. Although that year marked the first absolute decline in gold production since 2008, there has been a...
The United States has weaponized the dollar, leveraging it to achieve foreign policy objectives. But is the U.S. playing with fire? Is it setting itself up for significant blowback? In this episode of the Money Metals' Midweek Memo, host...
Central banks took up where they left off in 2023, adding more gold to their stockpiles to kick off the new year. Globally, central banks increased their gold reserves by a net 39 tons in January, according to the latest data compiled by...
The United States enjoys the privilege of issuing the world's reserve currency. But it increasingly uses that privilege as a hammer to shape foreign policy. Could Americans end up feeling the blows from that hammer?
Gold future prices closed at a record high level on Friday with renewed hope that the Federal Reserve will begin easing off interest rates sooner rather than later.
While your paycheck might be a little fatter, you’re actually earning less because price inflation continues to gobble up your paycheck.
