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 mainstream psyche has latched onto a Goldilocks scenario where inflation dies, interest rates fall, and the economy glides to a soft landing. People should probably read the end of the story because Goldilocks dies.
Gold appears to have built solid support above $2,000 an ounce, but momentum to move higher in the short term has eased with uncertainty about the timing of Federal Reserve rate hikes.
At its December meeting, the Federal Reserve effectively declared victory over inflation. They didn’t didn’t use those words, but that was the signal given by the policy trajectory laid out by the FOMC.
There were more corporate bankruptcies in 2023 than there were during the pandemic of 2020. Higher interest rates and massive levels of corporate debt drove the flurry of business failures last year.
No matter what you read about the December Consumer Price Index (CPI) data, you should keep one important fact top of mind: every number is far above the Federal Reserve's 2 percent target.
The Consumer Price Index for December came in hotter than expected but it’s a lot lower than it was a year ago. That means inflation is decreasing, right? Not so fast.
Gold has outperformed both stocks and bonds since the turn of the century. Gold was among the best-performing assets of 2023.
Is a U.S. banking crisis still bubbling under the surface? If activity in the Federal Reserve’s bank bailout program is any indication, the answer to that question is yes. Over the last two months, the balance in the Fed Bank Term Funding...
There are three factors driving gold bulls as we move into the new year – the demand factor, the Fed factor, and the January factor. Gold just wrapped up its best year since 2020 with a 13 percent gain, and the yellow metal has new records...
On Dec. 29, the national debt slipped above $34 trillion for the first time. On the date, the debt was $34,001,493,655,565.48, to be exact. But so what? Despite a few alarming headlines, nobody really seems to care. In fact, NPR did a...
