Sunshine Profits

Both Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen testified before Congress. They sounded upbeat on the U.S. economy, but gold’s reaction was weak.Powell and Yellen spoke about...

The mining ETFs (VanEck Vectors Gold Miners ETF (NYSE:GDX) and VanEck Vectors Junior Gold Miners ETF (NYSE:GDXJ)) have hit resistance and look tired. After their corrective rally, a slide looks...

Although dovish, Fed Chairman Jerome Powell downplayed the bond yield rally. The Fed’s more tolerant stance on inflation is good for gold, but the metal may continue its bearish trend in the...

Twin deficits could negatively affect the U.S. economy, thereby supporting the yellow metal.Twins. Many parents will tell you that they are double the blessing. But economists would disagree, claiming...

March Madness started on Thursday, but stocks got the jump on their own brackets this week. Let’s dive in.Although Wednesday, March 17, saw the indices have a nice St. Patrick’s Day green...

Gold’s volatile little brother had an interesting run thus far, with internet forums buoying its price. But will fundamentals prevail? Where is silver headed?“The Ides of March are...

The ECB accelerated its asset purchases, but unless the Fed follows suit, gold may continue its bearish trend.On Thursday, March 11, the European Central Bank decided to accelerate its asset buying...

Big Trading Week for Stock MarketsLast week went a lot better than the week before. Especially if you’re a Nasdaq bull and bought the dip (like I recommended Feb. 24). The real story, though?...

Inflation rose in February, and it appears that more inflation is coming down the road. This development can, in fact, be good for gold.The U.S. CPI inflation rate rose 0.4% in February, following a...

Records were made to be broken. Thursday's session was the embodiment of that.Every index closed in positive territory, and the Dow, S&P 500 and Russell 2000 all closed at record highs. Meanwhile,...

Days like Tuesday are why you buy the dips. It was nothing short of a reverse rotation from what we’ve seen as of late. Bond yields moved lower; tech stocks popped.That’s why I called...

Gold remained inert to U.S. President Joseph Biden’s large and hazardous economic plan, and ended up dropping below $1,700 yesterday.President Biden’s $1.9 trillion COVID-19 stimulus is...

Do you want to get your fix before the precious metals slide again? Recent moves in gold and the USD have made miners an attractive short-term bet.The liqueur known as Danziger Goldwasser is well...

The theme of last week was primarily the same as the previous few weeks – rising bond yields and inflation fears caused stocks to crumble.Look, it's not the fact that bond yields are rising that...

Folks, it seems that gold has formed an interim bottom, and a short-term corrective upswing is now likely, before the medium-term downtrend resumes.Any further declines from this point are not likely...

Gold remains in a bearish trend as economic confidence has improved, however, inflation can change all that around.The chart presenting gold prices in 2021 doesn’t look too encouraging. The...