first majestic silver

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

After slowing in August, central bank gold buying rebounded in September. On net, central banks globally added 40 tons of gold to their reserves. This compares to an 8-ton increase in global central bank gold holdings in August, according...
Gold and silver have been on a tremendous run in 2024. In fact, they are the two best-performing assets this year.
Central bank gold buying slowed modestly in the third quarter but remained strong. According to the latest data compiled by the World Gold Council, central banks globally increased gold reserves by a net 186 tons in Q3. This was down by...
There's been a lot of talk about the demise of the dollar.Has the threat of de-dollarization been greatly exaggerated? Or is the greenback's role as the global reserve currency really being threatened?In this episode of the Money Metals'...
Gold demand set a third-quarter record, driving the price to a series of record highs. Including over-the-counter (OTC) sales, gold demand came in at 1,313 tons in Q3, a 5 percent year-on-year increase.
The universe seems to know the dollar is in trouble. During a recent news conference, a reporter asked Treasury Secretary Janet Yellen, "How concerned are you about the potential impact of the dollar's status as the world reserve currency?"
A recently announced Chinese economy stimulus package could provide a shot in the arm for the Chinese gold market. China ranks as the world's number one gold consumer. 
While everybody was watching the gold and silver bulls run, the price of palladium shot up by about 8 percent on Thursday (Oct 24). In fact, palladium is up by around 27 percent since earlier this month, having spiked from $922 an ounce to...
Since the Federal Reserve enacted its supersized rate cut in mid-September, the yields on 10-year and 30-year Treasuries have spiked. I don’t think that was the plan.
Gold’s long-term return is greater than conventional wisdom might lead you to believe. Traditional analysis of gold's returns leaves out important factors. Models considering these elements reveal much better returns over time that far...

China is the world’s biggest gold producer with more than 355 tons annually. Australia is second.

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