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
The National Bank of Poland has approved a plan to purchase even more gold. On Tuesday (Jan. 20), the bank issued a statement saying it plans to purchase up to 150 more tonnes of gold, raising its holdings to a maximum of 700 tonnes.
Here’s one reason to own gold. The appreciation of Russia’s gold reserves has nearly replaced the value of the assets frozen by the European Union when the country invaded Ukraine.
While many Western investors still lack exposure to precious metals, a Hong Kong billionaire has allocated a quarter of his wealth to gold and advises others to do the same.
Indian gold demand has remained resilient, despite record-high prices, driven by strong investment demand. India ranks as the world’s second-largest gold market.
Consumer borrowing cratered further in November, likely reflecting growing consumer stress, as price inflation persists and credit cards become maxed out.
Despite the influx of tariff revenue, the federal government continues to run a massive budget deficit. The December budget shortfall came in at $144.75 billion, a record for the month. That was 68 percent higher than December 2024.
Analysts warned that the December CPI report would be “muddy.” It was. But you will find what you really need to know about the current trajectory of inflation in two unrelated charts.
2025 was quite the year for precious metals. Last year, gold rose by over 64 percent, setting 53 new record highs along the way. Silver gained just under 148 percent. Platinum’s price increased by 125.9 percent. Palladium was up just over...
December capped off a booming year as gold ETFs charted the highest level of gold inflows, in dollar terms, on record. The gold price set new records 53 times in 2025. That drove investors to pour an unprecedented amount of capital into...
Gold now ranks as the world’s top reserve asset. According to World Gold Council data, global gold reserves are approaching $4 trillion. Treasury holdings total approximately $3.9 trillion.
