Sunshine Profits

On Monday, official data showed that Chinese demand for crude oil declined in July, which together with a stronger U.S. dollar and concerns over a rise in OPEC output weighed on investors’...

On June 27, Stanley Fischer, Fed Vice Chairman, delivered a speech entitled “An Assessment of Financial Stability in the United States” at the IMF Workshop on Financial Surveillance and...

When lawmakers return from their August recess, they will have to deal with the debt ceiling and the tax reform. What does it mean for the gold market?We are in the middle of summer and the lawmakers...

The gloomy future of the diesel vehicles is commonly known. precious metals market. However, what does it really mean? And how could the demise of diesel technology impact the precious metal? The...

The mainstream media are picking up on Bitcoin's meteoric rise. In an article on CNBC, we read:Bitcoin will likely outperform stocks and bonds the rest of this year, according to the first major Wall...

Yesterday, the U.S. dollar moved sharply lower against the Swiss franc, which resulted in a fresh weekly low. Earlier today, USD/CHF rebounded slightly, but will we see further...

Tensions with North Korea are rising. What does it imply for the gold market?The crisis on the Korean peninsula is exacerbating. On Saturday, the U.N. Security Council unanimously imposed new...

In the previous month crude oil gained almost 9% as declines in crude oil, gasoline and distillates inventories continued to support the price of the commodity. In that environment light crude climbed...

In the first part of the Preparing for THE Bottom series, we emphasized the need to be sure to stay alert and focused in the precious metals market, even though it may not appear all that interesting....

Volatility in gold has been decreasing recently. What does it mean for the gold market?While Bitcoin is prone to wild swings, gold’s volatility remained muted (which may, by the way, explain the...

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:Intraday outlook...

On Friday, light crude moved higher and gained 1.12%, which resulted in a comeback above the previously broken 200-day moving average. Is it enough to encourage oil bulls to act in the coming...

Last week, the World Gold Council published a new edition of its quarterly report on gold demand. What does Gold Demand Trends Q2 2017 say about the demand for gold in the second quarter of 2017?Gold...

This week was full of important data. How can the recent economic reports affect the gold market?Yesterday, we analyzed data on the recent personal outlays and income. However, more interesting...

U.S. consumer spending rose 0.1 percent in June. What does it mean for the gold market?Personal consumption expenditures increased 0.1 percent in June, following a 0.2 percent rise in May (after an...

The BTC-e debacle continues with the U.S. government seizing the exchange’s website. Now, BTC-e has its data center seized by the FBI. On CoinDesk, we read:(…) in a statement on the...