Sunshine Profits

With bank-failure hysteria upending nearly all assets except the PMs, silver has benefited from the fear. And while basic accounting highlights how these issues are about short-term liquidity and not...

Despite their deteriorating fundamental outlooks, any whisper of a bank run sends gold, silver, and mining stocks higher. Yet, while a potential GFC re-enactment is bearish for the PMs, investors are...

So, the Fed did as expected, raising the rates by 0.25%. But that didn’t really matter. What mattered was what was said later. And how it was then interpreted.Powell’s 0.25% hike was...

While the 2011 analog paints an optimistic portrait for gold, silver, and mining stocks, a re-enactment of the last debacle is unlikely to unfold this time around. Back then, gold soared amid the debt...

Gold price did all sorts of things this month, but ultimately it ended almost right where it had started the month. April had started with gold at $1,990, then gold moved as high as $2,063.40, and...

As other commodities dip, how long will silver buck the trend?While calling the top is a process that plays out over time, silver’s momentum has fizzled, and the next major move should be to the...

The price of gold moved higher yesterday, but did it manage to rally back above $2,000?No! Despite US Dollar Index’s weakness, it didn’t. And this means that the odds for a bigger rally...

Gold is currently trying to test the $2000 level again, but last week's plunge below the $2,000 level provided the final confirmation. And why is this big news?I wrote on a number of occasions that...

As other assets suffer, the white metal remains uplifted.Anxiety caught up to investors on Apr. 20, as Bitcoin, the S&P 500 and crude oil showcased immense weakness. But, with the PMs assuming the...

How long until the PMs behave like risk assets?With the PMs outperforming on Apr. 20 despite the S&P 500’s struggles, the crowd continues to assume that what’s bad for other risk...

Gold, silver, and mining stocks declined on Friday as the USD Index invalidated its breakdown. Is the top in the PMs in?While I can’t make any guarantees, that’s very likely at this point....

Crude oil ended at its highest level of the year on the NYMEX on Wednesday, with fears of tighter global oil supply and slowing US inflation outweighing a slight swelling of crude inventories in the...

For some time, silver’s chart was very boring. It did nothing for weeks. Precisely, it kept trying to break above its 61.8% Fibonacci retracement level, and then it invalidated that breakout.And...

What a slide! The GDXJ ETF moved over 5% lower on Tuesday and closed at a fresh 2023 low. Is this the bottom, or is the slide likely to continue?Let’s take a closer look at the charts to...

While the VanEck Junior Gold Miners ETF (NYSE:GDXJ) (upper part of the chart) moved only a little above its recent high, silver has pretty much doubled its previous short-term upswing.What Are the...

Let’s start today’s analysis with a very short-term chart (hourly candlesticks) featuring the VanEck Junior Gold Miners ETF (NYSE:GDXJ) – a proxy for junior mining stocks. These...