Sunshine Profits

Fed Chair Jerome Powell sounded dovish during his press conference on December 16, where he gave a market update after the Fed’s monetary policy meeting. The Fed will remain accommodative for a...

Do you feel the Christmas spirit when it comes to the yellow metal and miners? Because we don’t. Multiple signs over the past few days point to bearish weeks ahead for gold and the gold miners....

President-elect Joe Biden is expected to increase further government spending. For this and other reasons, there is a risk that inflation under Biden’s presidency could be higher than under the...

It’s tempting to ride the silver rollercoaster. After-all, gold’s volatile little brother is just that – volatile. Its wilder price swings make some of the investment public believe...

Stocks closed largely down on Monday, Dec. 14, as fears of stricter lockdowns outweighed vaccine optimism.News RecapThe Dow Jones closed lower by 185 points, or 0.5%, after earlier rising by as much...

The European Central Bank expanded its accommodative stance. The Fed could follow suit, supporting the gold prices.The Governing Council of the ECB met last week, announcing significant, dovish...

Silver still has some way to go before bottoming. It has not rallied despite a lower US Dollar Index (gold and miners did not rally either) and a higher stock market. Silver has bright days ahead, but...

The vaccines are coming. We’re saved! Although the arriving vaccines are great for humanity, they are bad for the price of gold.In November, Pfizer (NYSE:PFE) and BioNTech (NASDAQ:BNTX)...

After opening the day in the red, markets reversed midday and hit fresh record highs as the UK began its vaccine rollout with doses of Pfizer and BioNTech’s offering.News RecapThe Dow Jones...

The question on everyone’s mind is: When is it a good time to buy some gold or silver after they bottom? The answer to that question is simple: When key triggers are met. Count-trend rallies in...

U.S. nonfarm payrolls disappointed in November. What does it mean for gold?First, let’s examine the facts. As the chart below shows, total nonfarm payrolls in November 2020, rose by just...

America has elected a new President. It was a close race, but Joe Biden eventually won and he will be inaugurated and take office in the White House on January 20. The price of gold rose initially in...

The price of gold returned to above $1,800. Is the correction over?As the chart below shows, the price of gold rebounded, jumping from $1,763 to $1,811 on Tuesday (Dec. 1) and increased further on...

It’s crunch time for gold and the U.S. Dollar Index, as they find themselves at a crossroads. As of Wednesday, the USDX is holding its lows but wants to move up, thus invalidating its...

Gold plunged below $1,800. Will these declines finally end?November doesn’t look like a good month for gold. The declines in the precious metals market continued last week. As the chart below...

As 2020 is wrapping up, investors are trying to narrow down the target for gold’s bottom in the coming weeks. And as the yellow metal is experiencing what appears to be its worst month in the...