Sunshine Profits

The Delta variant caused fresh supply-chain disruptions. Effects? Slower growth and higher inflation. It sounds like a perfect mix for gold!The Delta variant of the coronavirus is spreading all around...

Inflation surged in June to 5.4%. It may retrace soon, but there’s a good chance that it will increase again later, boosting gold at last.The inflation monster has reared its ugly head. The CPI...

Ladies and gentlemen, we have a breakdown!Gold stocks underperformed the yellow metal so much that they reached the lowest levels seen this year. The HUI Index (gold stocks) broke to new 2021 lows,...

Stocks sold off yesterday as the fear of Fed tapering grew. Monday’s run-up was definitely a bull trap, and our short position is profitable now.The S&P 500 index lost 1.1% on Wednesday and...

While I’ve been warning for months that the US Federal Reserve (FED) will likely taper its asset purchases much sooner than investors expect, enlightenment struck the financial markets on Aug....

The latest FOMC minutes show that the Fed will likely taper quantitative easing this year. It’s largely priced in, but downside risks to gold remain.Yesterday, the FOMC published minutes from...

Gold commanded its unit to make another raid only to find itself stranded. The gold miners had already fled as fugitives, retreating without orders.The Gold Miners While gold shrugged off the Aug. 8...

What do the portents say? Well, we’ve been looking for connections between gold and Bitcoin, and we see a chance to fatten the coffers.But first, let’s talk about gold and the miners....

The World Gold Council believes that gold will shine in September. Given the whole context, I’m not so sure. In fact, I am not sure at all.Following three previous reports, the WGC revealed two...

Another day, another decline in junior miners—and another increase in profits from short positions in them. Shouldn’t we expect a rebound though?Well, no. The rebound already happened in...

The US economy added almost 1 million jobs in July, building solid ground for tapering. Meanwhile, the PMs’ sandy foundations crumbled spectacularly.Another blow to gold! July’s nonfarm...

What a week! Gold has dropped almost $60 since Friday, and silver came along reaching new yearly lows! Are you prepared for a wild ride downwards?The USD Index While many investors forecasted a sharp...

The Fed acknowledged the economy’s progress, but it’s still not “substantial progress.” In short, Fed Chair Jerome Powell merely slowed the hand of the tapering clock.Last week...

The Fed’s reverse repos reached almost $1 trillion in June. Brace yourselves gold bulls – tightening is coming!Something interesting is happening in the financial markets. As you probably...

As the S&P 500 chugs higher and higher. Have you been monitoring the sector strength over the last month? Taking a deeper look into leading sectors paints a different picture.Broader markets have...

When the market wants to move down and gets short-term bullish signals, it often ignores them or reacts weakly – and that’s exactly what gold is doing.This week’s back-and-forth...