Sunshine Profits

Despite the permalbulls oozing with overconfidence, we warned on May 5 that their discourteous behavior is often a precursor to a reversal. We wrote: The crowd remains immensely confident, which is a...

Of course, they could. But will they? Are they likely to? RSI below 30 seems to be saying so, but…There are many factors that one needs to consider when analyzing any market. Looking at a...

After support became resistance, are lower prices ahead, or is this just a cooling-off period?While the crowd crowned silver the new king of the financial markets, we warned on Apr. 28 that a turning...

Was this a one-off decline, or a sign of things to comeWith silver plunging by nearly 5% on May 11, its descent highlights the dangers of momentum investing. Moreover, we warned on May 5 that...

Is the hype real, or is it a mirage?With silver and mining stocks declining sharply on May 11, the PMs' volatility was on full display. And while base effects provide the trio with inflation cover...

With bank-failure hysteria upending nearly all assets except the PMs, silver has benefited from the fear. And while basic accounting highlights how these issues are about short-term liquidity and not...

Despite their deteriorating fundamental outlooks, any whisper of a bank run sends gold, silver, and mining stocks higher. Yet, while a potential GFC re-enactment is bearish for the PMs, investors are...

So, the Fed did as expected, raising the rates by 0.25%. But that didn’t really matter. What mattered was what was said later. And how it was then interpreted.Powell’s 0.25% hike was...

While the 2011 analog paints an optimistic portrait for gold, silver, and mining stocks, a re-enactment of the last debacle is unlikely to unfold this time around. Back then, gold soared amid the debt...

Gold price did all sorts of things this month, but ultimately it ended almost right where it had started the month. April had started with gold at $1,990, then gold moved as high as $2,063.40, and...

As other commodities dip, how long will silver buck the trend?While calling the top is a process that plays out over time, silver’s momentum has fizzled, and the next major move should be to the...

The price of gold moved higher yesterday, but did it manage to rally back above $2,000?No! Despite US Dollar Index’s weakness, it didn’t. And this means that the odds for a bigger rally...

Gold is currently trying to test the $2000 level again, but last week's plunge below the $2,000 level provided the final confirmation. And why is this big news?I wrote on a number of occasions that...

As other assets suffer, the white metal remains uplifted.Anxiety caught up to investors on Apr. 20, as Bitcoin, the S&P 500 and crude oil showcased immense weakness. But, with the PMs assuming the...

How long until the PMs behave like risk assets?With the PMs outperforming on Apr. 20 despite the S&P 500’s struggles, the crowd continues to assume that what’s bad for other risk...

Gold, silver, and mining stocks declined on Friday as the USD Index invalidated its breakdown. Is the top in the PMs in?While I can’t make any guarantees, that’s very likely at this point....