Sunshine Profits

Financial markets hold their breath before Powell’s bankers’ symposium speech. What would he have to say to change the bearish outlook for gold stocks?The mood on Wall Street is relatively...

What are the macroeconomic, geopolitical, and technical factors driving oil prices this week?Crude oil settled on Wednesday at its highest level in nearly a month, boosted by another...

With oil prices rallying on the hope of output cuts by OPEC+, the PMs benefited from the enthusiasm. For example, gold rose by 0.73%, silver by 0.78%, the GDX ETF by 1.70% and the GDXJ ETF by 2.08%....

While the S&P 500 and the Nasdaq suffered drawdowns of 2.14% and 2.55%, respectively, on Aug. 22, the PMs held up relatively well. For example, gold declined by 0.82%, silver by 1%, the GDX ETF...

It was a sea of red across the financial markets on Aug. 19, as gold declined by 0.47%, silver by 2.03%, the GDX ETF by 2.17% and the GDXJ ETF by 3.06%. Moreover, the S&P 500 sank by 1.29% and the...

In today’s globalized economy and interconnected financial markets, no market can truly move on its own. The context matters a lot, and two of the most important “external” markets...

A recession is coming, but will it really be positive for gold? After all, the yellow metal plunged in 1980, despite an economic downturn.Recession And StagflationEveryone says that the upcoming...

Very little happened in the precious metals sector yesterday, and practically everything that I wrote yesterday and in Monday’s flagship analysis remains up-to-date.Let’s start with a...

With commodities getting whacked on Aug. 15, gold, silver, and mining stocks materially underperformed the S&P 500. Moreover, with bond and commodities markets more attentive to Fed...

Somebody should tell gold that a recession is on its way— or has already occurred. We already know that the yield curve inverted last month for the second time this year, but what are other...

A weaker-than-expected headline Consumer Price Index (CPI) print didn’t provide the PMs with much stimulation, as gold rallied by 0.08%, silver by 1.27%, the GDX ETF by 0.71% and the GDXJ ETF by...

The U.S. economy generated almost 530,000 jobs in July. That’s good for monetary hawks but bad for gold bulls.Strong Employment Report Strengthens Fed’s HawksA positive economic surprise!...

The dollar fell following lower-than-expected US inflation data, to the advantage of black gold. What else is driving crude oil prices these days?Slowing U.S. Inflation Vs. The GreenbackWTI crude oil...

As investors navigate the uncertain economic environment, the question on everyone’s mind is: when will the Fed pivot? With the U.S. economy slowing and unprecedented debt levels putting America...

While investors erroneously assumed that the Fed could ease monetary policy with 9%+ inflation, the crowd bought into the notion that the post-GFC playbook still holds. However, with unanchored...

The yield curve has spoken: a recession is coming. Everything indicates that it will make gold shine.It Happened Again Have you ever wondered what the yield curve’s favorite song is? Neither...