Sunshine Profits

While the dollar is on a tear, precious metal stocks have gotten away with it lately. But how long will their resistance last?The USD IndexAfter the USD Index’s negative response to the...

The S&P 500 index nearly topped its record high on Friday, but it closed lower following an intraday decline. Is this a topping pattern?The S&P 500 index lost 0.14% on Friday, Nov. 19, as it...

In today’s early heads-up video, I’m talking about the recent performance of gold stock prices GDX ETF and I’m providing my forecast for the gold stock prices in the following weeks....

In Wednesday’s analysis, I focused on the specific situation in the currency market and its impact on the gold price. I told you that the USD Index was probably forming a short-term top, while...

Fed Chair Jerome Powell maintains that inflation is transitory, but the monetary theory of inflation suggests otherwise. So, elevated inflation could stay with us!,Some economists downplay the risk...

Just yesterday, we considered the probability that gold would move to $1,900 this week to be less than 40%. Now, however, as silver has not recorded any better results and the strength of PM is...

Inflation expectations reached a record high. Is gold preparing a counterattack to punish gold bears?In a classic Monty Python sketch, nobody expects the Spanish inquisition. In the current...

S&P 500 got close to its all-time high, as market mood turned bullish again. But the index retraced some of the rally. So will the uptrend continue?For in-depth technical analysis of various...

Today’s issue is going to be rather short, as nothing really happened on the precious metals market yesterday. The thing that did happen was the USD Index moving higher. The U.S. currency index...

Gold rallied thanks to the changed narrative on inflation, and Biden’s infrastructure plan can only add to the inflationary pressure. Huge price moves ahead?I have a short quiz for you! What the...

Ever think of commodities when trading currencies? Or vice-versa?What do Brazilian reals have to do with soybeans? Or, Indian rupees with diamonds? Let’s start by defining what could be called a...

Infatuated with gold? Many people are, but love affairs with commodities (or stocks) are dangerous. They’ll steal your heart, then dump you.Our critics often forget that we’re focusing on...

Evergrande’s debt issues are a symptom of China’s deep structural problems. If the crisis spills over wider, gold may benefit, but we are still far from such a scenario.Beijing, we have a...

The S&P 500 index went sideways on Thursday following a decline from its last week’s high. Is the downward correction over?The S&P 500 index gained 0.06% on Thursday, as it fluctuated...

Inflation rears its ugly head, surging at the fastest pace since 1990. The yellow metal has finally reacted as befits an inflation hedge: went up.Do you know what ambivalence is? It is a state of...

Is crude really set to break its highs again?Fundamental Analysis Crude oil prices reached their last highs on Wednesday before pulling back, initially supported by U.S. crude stocks falling as shown...