Sunshine Profits

Is the worst of what the last few weeks brought over? February started off with so much promise, only to be ruined by surging bond yields.The way that bond yields have popped has weighed heavily on...

After gold came down hard last week, it might be in a for a short pause and corrective upswing. What will the yellow metal’s next chapter bring for the miners? How high can they go if gold...

Surging bond yields continues to weigh on tech stocks. When the 10-year yield pops by 20 basis points to reach a one-year high, that will happen.Tuesday (Feb. 23) saw the Dow down 360 points at one...

The 2020s might be less roaring than the 1920s, which seems like good news for gold.The United States is strongly polarized, with blue versus red, liberals versus conservatives, and so on. People are...

What a day that was. What started off looking like a sea of red not seen in months ended with the Dow and S&P 500 in the green.It was an overdue plummet – at least that’s what I...

The recent FOMC minutes are hawkish and negative for the price of gold, but the Fed will remain generally dovish for some time.Last week, the Federal Open Market Committee (FOMC) published minutes...

Indices, for the most part, closed fractionally higher to end the week. But a new headwind for stocks could be more concerning – rising bond yields.This correction, which I’ve been calling...

In keeping with last week’s theme, the market has mainly traded sideways this week. Is that the correction I’ve been calling for weeks?While I don’t foresee a crash like we saw last...

Under the Biden administration the economy could overheat, thereby, increase inflation and the price of gold.In January, Biden unveiled his plan for stimulating the economy, which is struggling as the...

With the yellow metal just posting its lowest close since June and a bearish pattern forming, how vulnerable is gold to a further decline?Gold and mining stocks just broke to new yearly lows –...

The market largely continued last week’s mixed moves, with the S&P 500 and NASDAQ Composite mildly retreating from record highs and the Dow eking out another record close.The sentiment...

Gold is dodging bullets, as it comes increasingly under fire from rising U.S. interest rates and a USD that is poised to surge.Catching unsuspecting traders in yet another bull trap, gold’s...

The pandemic winter will take longer than we thought. The longer we struggle with the coronavirus, the brighter gold could shine.A long, long time ago, there was a bad virus, called the coronavirus,...

Tesla (NASDAQ:TSLA) has supported the price of Bitcoin, but it can affect gold as well.The bull market in cryptocurrencies continues. As you can see in the chart below, the price of Bitcoin has...

After a frenzy of Reddit induced activity that captivated everyone, silver painfully gave back what it gained. What’s next for the white metal?As the precious metals’ version of moral...

One week, Reddit bandits take on hedge funds and win, pumping up stocks like GameStop (NYSE:GME) and AMC Entertainment Holdings (NYSE:AMC), while the broader market sees its worst decline since...