Sunshine Profits

Gold jumped above $1,800, and it’s the disappointing jobs data that added fuel to the fire.The gold market is a funny place. On Thursday (May 6), I complained that the yellow metal...

The VanEck Vectors Gold Miners ETF (NYSE:GDX) and ARCA Gold BUGS Index are enjoying a blissful moment. With HUI behaving civilly, will the GDX cling to the unrealistic and try to leap to cloud...

Inflation is not coming. It is already here! Gold should benefit, given that it could be higher and more lasting than the pundits believe.“Knock, knock, knockin’ on heaven’s...

There’s no inflation. None at all. Only, completely by accident, lumber prices are skyrocketing. Gold is likely to remain silent, but it may catch up later.The rise in lumber prices can be seen...

The most bearish development for gold came from…the NASDAQ. And no, these are not six typos in a row. Let me explain.The tech stocks were the strongest part of the stock market in the previous...

New spending is coming! And because of that, Biden’s speech to Congress was fundamentally positive for gold.Last week was full of big events. The FOMC released its newest statement on monetary...

The USD Index let out a roar heard across all markets. The king of the financial jungle arrived, along with the greenback’s largest single-day gain.Just as the African landscape sometimes needs...

Although spring has begun, we can still find ourselves in winter, or even summer. Gold may benefit from such a seasonal aberration.In calendar terms, it’s indeed spring, but economically it can...

Gold started its decline without anyone’s assistance. And when the USDX takes off, that downhill tumble can only increase.The USDX declines and the precious metals sit by idly, twiddling their...

The Fed left its monetary policy unchanged. However, the lack of any action amid economic recovery is dovish – good news for gold.On Wednesday (Apr. 28), the FOMC has published its newest...

Even the smallest moves can be of utmost importance to a number of investors. This time, the U.S. dollar was the one to give a subtle nod to the upcoming changes.In yesterday’s analysis, I wrote...

The worst may already be behind the euro area’s economy. This bodes well as both the euro and gold can benefit from it.The governing council of the European Central Bank met last week, keeping...

Indicators are pointing to gold and mining ETFs running out of breath. They don’t seem to have what it takes to the move to the finish line.Despite gold, silver and mining stocks’ recent...

Revolution, baby! There is growing acceptance for an aggressive fiscal policy, which could be supportive for gold prices from the fundamental, long-term point of view.We live in turbulent times. The...

The price of gold rebounded further, despite hawkish Fed Chair Jerome Powell’s letter to Senator Rick Scott.The second quarter of 2021 started much better than the first one for the gold bulls....

If gold’s recent rally is just a correction within a larger medium-term downswing, and the 2018 pattern repeats, this could mean the final plunge.Gold continues to move just like it did at the...