Sunshine Profits

In recent weeks crude oil came back below the barrier of $50, which triggered declines and resulted in a drop to almost six-month lows. Despite this move, oil bulls pushed the commodity higher, which...

On Wednesday, the London Bullion Market Association published a new edition of its quarterly journal called “Alchemist.” What can we learn from this publication?There are a few interesting...

On Tuesday, U.S. President Donald Trump fired FBI Director James Comey. What does it mean for the gold market?Comey is capturing headlines again. This time it’s because of his abrupt dismissal....

The mining stocks moved higher yesterday and this move can be explained neither by a move higher in gold or silver, nor by a substantial rally in the main stock indices. Does the miners’...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

Last week, the World Gold Council published a new edition of its quarterly report on gold demand. What does Gold Demand Trends Q1 2017 say about the demand for gold in the first quarter of 2017?Gold...

Emmanuel Macron won the French presidential election. What does it mean for the gold market?On Sunday, Emmanuel Macron won the runoff vote by a decisive margin. He got 66.10 percent of the votes,...

The medium-term trends in gold are reflected by the medium-term trends in the USD Index and that’s been the case for many years. Naturally, there are deviations from this rule, but generally, it...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

Some analysts claim that the housing bubble is back. Are they right? And what are the consequences for the gold market?As the chart below shows, the Case-Shiller U.S. National Price Index exceeded in...

The first round of the French presidential elections is behind us. Now, the main developments in Europe which may affect the gold market – except the turmoil in the still fragile banking sector...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...

The pace of loan growth has been declining recently. What does it mean for the gold market?As the chart below shows, the annual rate of growth in commercial and industrial loans has been declining...

Last week was a busy time for central banks. In particular, the European Central Bank released its most recent monetary policy statement. What does it imply for the gold market?Riksbank Keeps Rates...

U.S. consumer spending was flat in March. What does it imply for the gold market?Personal consumption expenditures were unchanged in March, marking the second month of stagnation (after a downward...

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).Our intraday outlook is bearish, and our short-term outlook is...