Mike Maharrey

Tarpon Springs

Managing Editor at SchiffGold Friday Gold Wrap Podcast

Decentralize for peace and freedom. Tenth Amendment Center nat'l communications director. #liberty #peace #nullify

Articles

The Earth Is Leaking Gold!

5 days ago | goldseek.com | Mike Maharrey

Generally speaking, a leak is bad news. If your car tire is leaking, you’re probably going to end up stranded on the side of the road. If a pipe in your house is leaking, you’re probably going to end up with wet carpet. And if your team’s defense is leaky, well, it’s probably not going to win very many games. Well, the Earth is leaking. The good news is this isn’t bad news! Because the Earth is leaking gold.
Swiss Central Bank Cuts Rates to Zero, Could Go Negative

5 days ago | goldseek.com | Mike Maharrey

Even as the Federal Reserve stood pat and held interest rates steady at between 4.25 and 4.5 percent, the Swiss central bank slashed its rates to zero and indicated that negative interest rates are a possibility. The Swiss National Bank cut rates in response to extremely low inflation pressure.
Fed holds rates steady as stagflation worries mount

5 days ago | enterstageright.com | Mike Maharrey

Fed holds rates steady as stagflation worries mount By Mike Maharrey web posted June 23, 2025 Powell & Company at the Federal Reserve sees an elevated stagflation threat. In response, they decided to do nothing. The Fed held interest rates steady between 4.25 and 4.5 percent. Rates have remained at that level since last December. The official FOMC statement was little changed from the May meeting.
The Earth Is Leaking Gold!

1 week ago | gold-eagle.com | Mike Maharrey

Generally speaking, a leak is bad news. If your car tire is leaking, you’re probably going to end up stranded on the side of the road. If a pipe in your house is leaking, you’re probably going to end up with wet carpet. And if your team’s defense is leaky, well, it’s probably not going to win very many games. Well, the Earth is leaking. The good news is this isn’t bad news!Because the Earth is leaking gold.
Business as Usual: Another Big Budget Deficit in May

1 week ago | advisorperspectives.com | Mike Maharrey

After running a surplus in April thanks to tax day, the federal government was back to business as usual in May, spending massive amounts of money and charting another big budget deficit. At $316 billion, the May budget shortfall was the second-largest of the fiscal year. That drove the fiscal 2024 deficit to $1.36 trillion. That compares to a $1.2 trillion deficit through the same period last year.
Indian Gold demand remains strong despite price pressures

1 week ago | fxstreet.com | Mike Maharrey

Investment demand for gold remained strong in India last month, even as post-wedding season jewelry demand was soft due to price pressure. Meanwhile, many Indians are taking advantage of higher prices and monetizing their gold. India ranks as the world's second-largest gold market behind China. Domestic gold prices in India followed global trends, gaining about 1 percent in May. Through the first two weeks of June, the yellow metal picked up another 4 percent.
Fed Holds Rates Steady as Stagflation Worries Mount

1 week ago | goldseek.com | Mike Maharrey

Powell & Company at the Federal Reserve sees an elevated stagflation threat. In response, they decided to do nothing. The Fed held interest rates steady between 4.25 and 4.5 percent. Rates have remained at that level since last December. The official FOMC statement was little changed from the May meeting. The committee emphasized that it is “attentive to the risks to both sides of its dual mandate.” Powell remains convinced tariffs will boost price inflation.
Indian Gold Demand Remains Strong Despite Price Pressures

1 week ago | goldseek.com | Mike Maharrey

Investment demand for gold remained strong in India last month, even as post-wedding season jewelry demand was soft due to price pressure. Meanwhile, many Indians are taking advantage of higher prices and monetizing their gold. India ranks as the world's second-largest gold market behind China. Domestic gold prices in India followed global trends, gaining about 1 percent in May. Through the first two weeks of June, the yellow metal picked up another 4 percent.
Fed Holds Rates Steady as Stagflation Worries Mount

1 week ago | fxstreet.com | Mike Maharrey

Powell & Company at the Federal Reserve sees an elevated stagflation threat. In response, they decided to do nothing. The Fed held interest rates steady between 4.25 and 4.5 percent. Rates have remained at that level since last December. The official FOMC statement was little changed from the May meeting. The committee emphasized that it is “attentive to the risks to both sides of its dual mandate.”Powell remains convinced tariffs will boost price inflation.
Vietnam Central Bank Set to End Gold Import Monopoly

1 week ago | goldseek.com | Mike Maharrey

The Vietnamese gold market is about to undergo significant reforms that could boost competition, lower prices, and increase supply. A government decree will open the door for eligible banks and enterprises to import gold into the country and produce bullion. Currently, the Saigon Jewelry Company Limited (SJC) enjoys a monopoly on the importation of gold and the production of gold bars. The State Bank of Vietnam (SBV) granted the gold monopoly to SJC under Decree 24/2012/ND-CP, issued in 2012.