On a recent trip to Money Metals Exchange HQ and depository in Eagle, Idaho, Mike Maharrey took us through the company’s extraordinary security measures. He further highlighted its critical role within the precious metals sector. His visit comes at a moment of great opportunity, as the price of gold is nearly $3,800 per ounce. On the other hand, silver has skyrocketed to nearly $45. We all know inflation is taking a toll on our economy. Maharrey Precious metals are one of the few safe havens from the Federal Reserve’s ever-fluctuating policy.
While on his tour, Maharrey saw a pallet filled with seventy-pound silver bars. In fact, those bars were worth more than a million bucks, underscoring the size and importance of business being done at Money Metals Exchange. The Federal Reserve has changed its tune, admitting that it’s time to get off the easy money permanently. Due to rising inflation alarm fears, security and integrity of your precious metals has never been more important.
Impressive Security Measures
Money Metals Exchange developed some of the toughest security measures in the business, employing military grade technology and highly trained and well-armed personnel. This comprehensive, multi-layered approach makes certain that both the metals we store on-site and our customers’ investments are sufficiently protected. In an industry with more than its fair share of bad actors, their company stands out as a shining example. It quite pledges to provide the most safe, dependable environments for investors.
Maharrey was blown away by the detailed, centralized operations at the exchange. The things these safeguards are protecting are physical assets, and they have led to nearly 100,000 oil spills. They create confidence for clients looking for a safe place to park their investment dollars.
“Courage is committing yourself to the correct course of action regardless of the cost.” – Charlie Kirk
This philosophy resonates with Money Metals Exchange’s dedication to promoting sound money principles in an era dominated by easy monetary policies. The company’s efforts reflect a broader movement aimed at educating investors about the importance of safeguarding their financial futures through tangible assets.
Inflationary Landscape
The economic landscape is putting more and more emphasis on inflationary pressures. By my calculations, real interest rates are now between 1.25% and 1.6% based on the most recent consumer price index (CPI) data. For many experts, including Maharrey, stagflation has moved from a theoretical risk to a current reality. Yet this context creates daunting challenges for legacy investments. With inflation and the global economy in turmoil, millions are buying precious metals to shield themselves from the disarray.
Maharrey observed that by July 2024, the M2 money supply had exploded. This is a jump of more than $600 billion from its mid-2023 low, reaching a new high of $22.12 trillion. Expanding the money supply is a primary factor in inflation. That feeds his determination to maintain that precious metals will only continue to increase in value.
Even with the rebound, he said, there is plenty of upside still to come, especially when it comes to silver. Maharrey added that inflationary policy is deeply engrained in the establishment, making further increases in silver prices likely.
Partnerships and Community Engagement
Beyond its security and operational advantages, Money Metals Exchange leadership is dedicated to Denver community outreach efforts. The tech company has recently partnered with right-wing organization Turning Point USA. Now, a piece of the proceeds from every relevant sale will go directly to that organization. This partnership is a testament to Money Metals Exchange’s dedication to not just protecting investments, but enriching economic understanding on a larger scale.
This collaboration has resulted in an amazing product – a silver round. It features an eye-popping colorized portrait of Kirk, the Turning Point USA logo and one of Kirk’s inspirational quotes creatively emblazoned across the cover. This item is indicative of the company’s overall deep commitment to sound money principles. It is intended to inspire others by increasing financial literacy.
Maharrey’s visit was a great reminder of the importance of businesses like Money Metals Exchange, especially in times of economic volatility. Like all his other efforts, he places the focus on sound money. In doing so, he is promoting better investment decisions that prioritize long-term resilience over short-term profit.
“There are no solutions, only trade-offs.” – Thomas Sowell
According to Maharrey, real precious metal investment is more than just buying an asset to build wealth. This is a clever move in today’s volatile fiscal environment.