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
Can the U.S. be trusted with German gold? That’s a question being asked by some German officials. Germany ranks second in gold reserves behind the U.S. It officially holds 3,352 tonnes of gold with about 1,236 tonnes (37 percent) held in...
I finally found something that can survive an association with Nazis. Gold and silver. A trove of around 15,000 rare gold and silver coins worth somewhere in the neighborhood of $100 million is about to go up for auction.
Gold has broken above $3,000 and appears poised to push even higher. So far, platinum has not followed gold’s lead but seems to be watching from the sidelines. What is causing this divergence?
The Federal Reserve lost $77.6 billion in 2024. And by the way, a Fed loss is ultimately your loss. The central bank began bleeding red in late 2022. In 2023, it reported an operating loss of $114 billion.
Federal Reserve Chairman Jerome Powell doesn’t think you should be worried about a recession. If history is any indication, you should probably be worried about a recession.
Record prices have dampened Indian gold jewelry demand but continue to drive investment buying. India ranks as the world's second-largest gold market. The gold market dynamics in India are similar to those in China.
Gold pushed above $3,000 an ounce last Friday and has continued to drive higher. A lot of mainstream analysts forecast $3,000 gold for this year, but the pace of gold’s climb has been faster than most expected.
Investment demand for gold in China was robust last month, with monthly ETF gold inflows setting a record. China ranks as the world’s number one gold market.
On Friday, the spot price of gold topped $3,000 an ounce for the first time. This is yet another milestone in a bull run that started last year.
I ran across a story the other day that can serve as a cautionary tale. I'll tell you up front that there are a lot of unanswered questions in this story, but with a little speculation, I think I can squeeze out a lesson.
