Sunshine Profits

On Sunday, hurricane Irma made landfall in Florida. What does it mean for the gold market?Two weeks after hurricane Harvey devastated Texas (and Louisiana), Irma – which is one of the most...

Last week, we received quite a few messages in which readers asked about the long-term reverse head-and-shoulders pattern in gold and related ratios. In today’s alert we discuss this in greater...

On Friday, crude oil moved sharply lower and lost over 3% after investors digested the EIA report and reacted to the increase in inventories. Thanks to these circumstances, light crude invalidated the...

Briefly:Intraday trade: Our Friday neutral intraday outlook has proved accurate. The S&P 500 index continued to fluctuate within its week-long trading range. The broad stock market is likely to...

On Wednesday, the Bank of Canada raised its interest rates for the second time in 2017. What does it imply for the gold market?Given the stronger-than-expected economic performance (the GDP rose...

Since July 11, gold has been in a short-term upward trend. The yellow metal has gained more than 8 percent since then until the end of August, mainly thanks to the depreciation of the U.S. dollar, as...

Last week, hurricane Harvey devastated parts of the U.S. What does it mean for the gold market?On Friday, Hurricane Harvey made landfall in Texas (and later in Louisiana), causing catastrophic...

Briefly:Intraday trade: Our neutral intraday outlook from yesterday has proved accurate. The S&P 500 index fluctuated within a relatively narrow trading range of 10 points. The broad stock market...

It was not so long ago, when we wrote about the record-breaking volume in gold. We described the implications of the extreme monthly volume and we discussed the very high readings in individual...

On Sunday, North Korea conducted another nuclear test. What does it imply for the gold market?The crisis over the Korean Peninsula tightened again after a short period of calm. On August 15, Kim...

The U.S. economy added 156,000 jobs in August. What does it mean for the gold market?Total nonfarm payroll employment increased 156,000 in August, following an increase of 210,000 in June (after a...

Earlier today, the U.S. dollar moved sharply lower against the yen as demand for safe-haven assets increased after yesterday’s South Korea’s Defense Ministry commentaries. As a result,...

Briefly:Intraday trade: The S&P 500 index may slightly extend its short-term advance today. However, we can see some technical overbought conditions that may lead to a downward correction....

Some analysts expect the stock market crash or even recession in the near future. Are they right? And how it would affect the gold market?The elevated valuations of equities (see the chart below) make...

In August, the New York Fed released a new update on household debt today showing record levels. What does it imply for the gold market?On surface, the report about the household debt is scary, as the...

Last Friday, the euro moved sharply higher against the greenback, which resulted in a climb to a new 2017 high. Early Monday, EUR/USD hit a fresh peak and the question is whether or not will we see...