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
Industrial and tech demand for gold rebounded in the first quarter, rising 10 percent year over year. Industrial and technological applications consumed about 79 tons of gold in Q1, according to data compiled by the World Gold Council.
The U.S. government ran a rare surplus in April, but don’t get too excited. The Biden administration hasn’t slowed down the spending train, and more budget shortfalls loom on the horizon.
Tiny bars of gold are flying off the shelves in South Korean convenience stores. This is yet another example of the movement of gold from West to East.
Factoring in sizeable over-the-counter (OTC) buying, gold demand charted its strongest first quarter since 2016. Excluding OTC buying, demand fell 5 percent to 1,102 tons. Significant outflows of gold from ETFs drove the dip. But including...
There are cracks in the foundation of dollar dominance. Could Chinese gold be the straw that breaks the dollar’s back? In a column published by the Telegraph, economist Julian Jessop points out that people have been predicting the dollar's...
Central banks continued to steadily add gold to their reserves in March. On net, central banks globally increased their gold holdings by 16 tons, according to the latest data compiled by the World Gold Council. Buyers added 40 tons of gold...
Federal Reserve Chairman Jerome Powell and his fellow central bankers are swinging at inflation like a blindfolded kid trying to break a piñata. Do you remember the March FOMC meeting? The Fed released its projections for rate cuts in the...
Could the movement of gold from West to East set the stage for a gold-backed currency? Some analysts think that might be the case. And if that is the direction the world is heading, it would be disastrous for the U.S. dollar.
The Thai government wants to mitigate risk in its pension fund so it's turning to gold and oil.
Strong Chinese gold demand will continue to support the gold market according to a recent research report by Metals Focus.
