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

To steal a phrase from Thomas Jefferson, the Federal Reserve and the U.S. government have buried us under a "deluge of paper money." We deal with the consequences of this monetary malfeasance every time we go to the grocery store or the...
For the fourth straight month, gold-backed ETFs increased their net gold holdings. Funds in every region reported net inflows of gold with Western funds leading the way.
Is gold in the midst of a supercycle? A Wells Fargo analyst thinks so. Gold has had quite a bull run in 2024. The yellow metal is up over 21.6 percent this year, ranking among the best-performing assets. Along the way, it has hit new all-...
Central bank gold buying more than doubled in July, as policymakers showed a continued commitment to increasing the percentage of yellow metal in their reserves. 
I ran across a post on X by financial planner Charlie Bilello about the trajectory of the Federal Reserve balance sheet. It pointed out that the balance sheet is 20 percent below its April 2022 peak, “the largest drawdown on record.”
Gold exports from Peru to India are poised to set a record in 2024 as demand grows in the world’s second-largest gold-consuming country. 
The National Bank of Poland was the biggest central bank gold buyer in the second quarter. A Euronews report speculated that the country is "preparing for the worst."
Many investors put gold and Bitcoin in the same category. Some people even call Bitcoin "digital gold." Is this a fair comparison?
The Bureau of Labor Statistics just zapped 818,000 jobs out of existence. That's one heck of an eraser.
As expected, India's recent gold import tax cut lowered prices and spurred demand for the yellow metal. India ranks as the world's second-largest gold consumer behind China.

In the Aztec language the name for gold is teocuitlatl which means "excrement of the gods."

Gold Eagle twitter                Like Gold Eagle on Facebook