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

There's been a lot of talk about "de-dollarization," with many countries trying to minimize their exposure to the U.S. dollar. But is the dollar really in trouble?
It took 118 days to add another trillion dollars to the national debt. That’s just under 16 weeks. On Thursday, Nov. 21, the national debt officially blew past $36 trillion. To be exact, it hit $36,034,994,586,981.97.
Could the Artificial Intelligence (AI) revolution boost gold demand? According to a report by the World Gold Council, the answer is yes. Gold's excellent conductivity and its malleability make it an important component in the manufacture...
The United Arab Emirates is poised to usher in an “Asian Century” for gold to challenge dollar dominance, according to a report published by the Dubai Multi Commodities Centre (DMCC).
We keep hearing that the economy is "robust" and gliding to a soft landing, but there are cracks in the foundation if you care to look closely enough.
Indian gold demand held up during the Diwali season despite surging prices, as festival buying was boosted by strong investment demand. Diwali is the Hindu festival of lights. It is considered an auspicious time to buy gold, and many...
James Madison called public debt “a public curse.” We're currently cursed to the tune of $35.9 trillion and counting. To make matters worse, the size of the debt is exacerbating the debt.
Gold is fundamentally money, but there is demand for the yellow metal in industry and technology. Industrial and tech demand accounted for 83 tons of gold in the third quarter, a 7 percent year-on-year increase. It was a 2-ton increase...
India has brought more of its gold home. Last spring, the Reserve Bank of India repatriated 100 tons of gold, moving it from the UK to vaults within India's borders. 
ETF gold holdings globally increased for the sixth straight month in October. Big flows of gold into North American and Asian ETFs offset outflows from European-based funds.

Gold is used in following industries: Jewelry, Financial, Electronics, Computers, Dentistry, Medicine, Awards, Aerospace and Glassmaking.

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