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
Gold imports into India surged to record levels in November as strong demand continued in the wake of government tax cuts. India ranks as the second-largest gold market in the world.
It's easy to think of "inflation" as an abstract economic principle and forget that it has real impacts on real people. Federal Reserve Chairman Jerome Powell acknowledged the pain of price inflation during his press conference at the...
Gold has been selling off with increasing worries that price inflation isn't quite under control and the Federal Reserve might have to slow the pace of monetary easing. Is this a mistake? Or should we follow the crowd?
Goldback is set to release the Florida Goldback Series with three new denominations. (i.e., 1/2, 2, and 100). Goldbacks are a neat form of fractional gold -- made with a small amount of physical gold embedded within a polymer sheet. The...
The head of Russia’s largest oil producer says gold could become the dollar’s main competitor in world trade. Russian policymakers have a vested interest in undermining the dollar, so their rhetoric should be taken with a grain of salt,...
Producer prices came in hotter than expected in November. This came on the heels of a CPI report showing price inflation is sticky. With inflation worries mounting, investors sold gold.
It seems the best we can hope for on the inflation front is a CPI report “in line with forecasts.” The mainstream media was giddy, and the markets responded positively to the November CPI report because every metric came in as expected.
After a six-month pause, China's central bank officially resumed gold purchases in November. According to data released by the People's Bank of China, it added about five tons of gold to its reserves in November.
The presidential election brought us the "Trump shock" and a healthy correction in the gold market. We saw this reflected in gold flows out of ETFs globally for the first time since April.
After rebounding in September, central bank gold buying surged in October, doubling the 12-month average. Central banks added a net 60 tonnes of gold to reserves in October, the highest monthly total year-to-date, according to data...
