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

Reflecting on his childhood in this episode of Money Metals’ Midweek Memo, host Mike Maharrey recalls those playground disputes where challenges were met with the retort, "Oh yeah? What are you going to do about it?!" 
Many prominent American founders warned us about paper money. Thomas Paine may have summed it up best: “The evils of paper money have no end.”
Gold broke another intraday record on Monday. This continues the gold bull run that has been ongoing for several weeks. But there is something else happening that’s quite unusual.
An elderly woman in Maryland lost nearly $800,000 in a gold scam. The incident underscores the importance of using caution when buying, selling, and handling gold and silver. Montgomery County Detective Sean Petty told NBC4 that the woman...
Why should you have gold in your portfolio? The World Gold Council puts it this way in its recent report Gold as a Strategic Asset. "Gold has a key role as a strategic long-term investment and as a mainstay allocation in a well-diversified...
Holding fiat currency is risky business and that’s not going to change any time soon. Currency risk is one of the factors driving the recent rally in gold and silver. It’s no coincidence that the recent gold and silver rally started as the...
Major sound money battles in the states have been heating up -- with important bills moving forward right now in Kentucky, New Jersey, Idaho, Nebraska, and Iowa, among others.
You'll often hear precious metals investors talk about the gold-silver ratio. So, what is it, and why does it matter? The gold-silver ratio tells you how many ounces of silver it takes to buy one ounce of gold given the current spot price...
The Federal Reserve didn’t do anything at its March Federal Open Market Committee (FOMC) meeting, but Jerome Powell & Company had plenty to say. The Fed’s dovish rhetoric sent a wave of relief through the markets and drove stocks to...
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...

In 1933 President Franklin Roosevelt signed Executive Order 6102 which outlawed U.S. citizens from hoarding gold.

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