Sunshine Profits

2018 has just begun. What will a new year bring for the gold market?Macroeconomic Outlook Will Remain UnpleasantThe current economic expansion is surprisingly durable, as it has already lasted more...

The gold volatility index moved to a new all-time low and there was no meaningful action in gold recently. Well, we profited on the decline and on the following upswing, but the price action that we...

Briefly:Intraday trade: Our Wednesday's intraday trading outlook was neutral. It proved accurate, because the S&P 500 gained 0.1% following neutral opening of the trading session. The broad stock...

Although USD/JPY came back above the long-term line, we didn’t notice significant increases in the following days. Will this show of currency bulls’ weakness result in another repetition...

In October, the Federal Reserve started the unwinding of its massive balance sheet. According to the addendum to the Policy Normalization Principles and Plans revealed in June 2017, Fed officials...

Retail stores have been disappearing from the U.S. economy in 2017. What does it mean for the gold market?Writing about the retail apocalypse during Christmas time may be a bit odd, but the numbers do...

How high can gold rally? To $1,270 - $1,290. That’s what we wrote on December 14. Stockcharts’ intraday high for yesterday’s session is $1,271.40, which means that our target area...

Briefly:Intraday trade: Our Wednesday's intraday trading outlook was neutral. It proved accurate, because the S&P 500 lost 0.1% following slightly higher opening of the trading session (+0.2%)....

Industrial production in the U.S. increased 0.2 percent in November. What does it mean for the gold market?The U.S. industrial production rose 0.2 percent last month, but it was flat if we exclude oil...

Briefly:Intraday trade: Our Monday's intraday trading outlook was neutral. It proved partly accurate. The S&P 500 gained 0.5% following higher opening of the trading session (+0.4%). Overall, the...

After three weeks of declines, gold finally moved higher last week. Was this move surprising? Not at all, if you read our analysis of the previous week’s huge decline in platinum. The sizable...

In the November edition of the Market Overview, we briefly discussed a Taylor rule, showing that adopting it would lead to significantly higher interest rates. But how goes that rule really work? It...

Last week, the reports on U.S. consumer inflation and retail sales were released. What do they imply for the gold market?Consumer prices jumped 0.4 percent in November, following a 0.1 percent rise in...

Bitcoin was directly mentioned during Janet Yellen’s last scheduled conference as Fed chair. On CoinDesk, we read: Yellen, whose term in office expires in February, spoke to reporters today on a...

Briefly:Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved partly accurate because the S&P 500 lost 0.05% following higher opening of the trading session. The index...

Democrats won a fight for the U.S. Senate seat in Alabama. What does it mean for the gold market?Yesterday, a special election for the United States Senate took place in Alabama. The vote was...