Sunshine Profits

Gold and gold miners have been diverging recently. What does it mean for the gold market?As we showed in one of the editions of the Market Overview, there is a strong correlation between the price of...

In January, the Eurozone’s Target2 balances have reached the highest level since the crisis in 2012 when Greece was on the edge of leaving the common currency bloc. What does it mean for the...

On Friday, Fed Chair Janet Yellen delivered a speech entitled “From Adding Accommodation to Scaling It Back” at the Executives’ Club, Chicago, Illinois. What can we learn from...

On Friday, Fed Chair Janet Yellen delivered a speech entitled “From Adding Accommodation to Scaling It Back” at the Executives’ Club, Chicago, Illinois. What can we learn from...

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 Greek crisis has not ended and we could hear about it again this year. What does it mean for the gold market?Last week, the creditors reached an agreement to resume negotiation in Athens after...

As everyone knows, the aftermath of the U.S. presidential election was a disastrous time for the yellow metal. However, gold rebounded at the beginning of 2017, gaining almost 6 percent in January and...

On Tuesday, New York Fed President, William Dudley, and some of his colleagues from the Fed made hawkish comments. What do they mean for the gold market?Many analysts believe that Trump’s speech...

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 now bearish, and our short-term...

Yesterday, the new president delivered a speech to Congress. What does it imply for the gold market?Similarly to his acceptance speech, Trump struck a conciliatory tone. The address was inspiring and...

Yesterday was just another period of back-and-forth movement for gold, silver, the USD Index and even the general stock market – but not for precious metals mining stocks. Gold stocks and silver...

In the fourth quarter of 2016, Soros Fund Management got out of gold, while Paulson & Co. reduced its stake in the SPDR Gold Shares (NYSE:GLD). What does it mean for the gold market?According to...

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 now bearish, and our short-term...

Gold is showing impressive resilience to an unfavorable macroeconomic environment. Does it mean that investors are buying gold as a hedge against the risk of Trump’s impeachment?As we repeated,...

Yesterday, the minutes of the Federal Reserve’s February meeting were released. What do they say about the Fed’s stance and what do they mean for the gold market?How can we summarize the...

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 now bearish, and our short-term...