Sunshine Profits

Gold surpassed $1,900 most recently – and it’s likely that the rally will continue for a while.Gold bulls have an opportunity to celebrate. As the chart below shows, the price of gold has...

U.S. economic data disappointed yesterday. The SPX remained largely unaffected as the dollar remained quiet. Does this remind you of anything?When a market is in Goldilocks mode, the “data...

Exact weather is hard to predict, even with forecasts, but we can look for clouds on the horizon to prepare ahead of time.During the dry season, people near the equator feel like the sun is getting...

The latest IHS Markit Flash U.S. Composite PMI signals very fast economic expansion – but also strong inflationary pressure. It's good news for gold, overall.On Friday, the recent IHS Markit...

As commodities rise, are there any clues about the direction of broader US markets? Measuring correlations can help to spot trends across asset classes.Moving forward this week, we want to be aware of...

As we know, history tends to rhyme. It’s never the same, but when you zoom out, the bigger picture often looks very similar. What does it mean for gold?Short-term implicationsWith gold’s...

Most likely we saw the precious metals reach their zenith on May 19, like the tropical sun on the day of the equinox. What will come afterward?Usually, when we think about the zenith, we have in mind...

Bitcoin’s popularity and price are rising. However, cryptocurrencies could be seen as complementary, not substitutive to gold.What a rally! Unfortunately, I’m not referring to gold, but to...

Given yesterday’s headlines with Bitcoin plunging, did you take a peek at interest rates? Could a stronger dollar lie ahead with higher rates?While everybody’s eyes are peeled on...

The latest FOMC minutes were dovish, especially in light of the recent increase in inflation and elevated asset valuations. What does it mean for gold?Yesterday, the FOMC published minutes from its...

When the US Dollar Index declines, precious metals usually celebrate and rise as a result. However, this was not the case yesterday – and we can’t ignore it.“Reversal” is the...

What's Next For The Yellow Metal?Gold recovered after a downward response to the surge in inflation. It rebounded after an initially bearish reaction to the BLS report showing that inflation soared...

Easy choices lead to a hard life (or at least losses), and because gold’s downside move is delayed, it’s extremely easy to be bullish on gold right now.It’s easy to get carried away...

Market participants are very optimistic about an economic recovery, but these positive expectations may be exaggerated. The end of this euphoria should be good for gold.The optimism about the pace of...

Junior miners may soon suffer a breakdown of the short-term support line. So, what’s responsible for their underperformance of gold and stocks?Today’s technical part of the analysis is...

Inflation surged 4.2% in April, but gold declined in response. What is happening?Unbelievable! The “non-existent” inflation keeps getting stronger. The CPI increased 0.8% in April, after...