Sunshine Profits

Stocks sold off yesterday as the fear of Fed tapering grew. Monday’s run-up was definitely a bull trap, and our short position is profitable now.The S&P 500 index lost 1.1% on Wednesday and...

While I’ve been warning for months that the US Federal Reserve (FED) will likely taper its asset purchases much sooner than investors expect, enlightenment struck the financial markets on Aug....

The latest FOMC minutes show that the Fed will likely taper quantitative easing this year. It’s largely priced in, but downside risks to gold remain.Yesterday, the FOMC published minutes from...

Gold commanded its unit to make another raid only to find itself stranded. The gold miners had already fled as fugitives, retreating without orders.The Gold Miners While gold shrugged off the Aug. 8...

What do the portents say? Well, we’ve been looking for connections between gold and Bitcoin, and we see a chance to fatten the coffers.But first, let’s talk about gold and the miners....

The World Gold Council believes that gold will shine in September. Given the whole context, I’m not so sure. In fact, I am not sure at all.Following three previous reports, the WGC revealed two...

Another day, another decline in junior miners—and another increase in profits from short positions in them. Shouldn’t we expect a rebound though?Well, no. The rebound already happened in...

The US economy added almost 1 million jobs in July, building solid ground for tapering. Meanwhile, the PMs’ sandy foundations crumbled spectacularly.Another blow to gold! July’s nonfarm...

What a week! Gold has dropped almost $60 since Friday, and silver came along reaching new yearly lows! Are you prepared for a wild ride downwards?The USD Index While many investors forecasted a sharp...

The Fed acknowledged the economy’s progress, but it’s still not “substantial progress.” In short, Fed Chair Jerome Powell merely slowed the hand of the tapering clock.Last week...

The Fed’s reverse repos reached almost $1 trillion in June. Brace yourselves gold bulls – tightening is coming!Something interesting is happening in the financial markets. As you probably...

As the S&P 500 chugs higher and higher. Have you been monitoring the sector strength over the last month? Taking a deeper look into leading sectors paints a different picture.Broader markets have...

When the market wants to move down and gets short-term bullish signals, it often ignores them or reacts weakly – and that’s exactly what gold is doing.This week’s back-and-forth...

It’s no secret that the S&P 500 has been leaving all bears in the dust. How does the recent rate of change measure up to previous bull runs?After seeing many bull and bear markets over the...

The latest WGC reports show that institutional allocation to gold will increase. What if there is more to it than just “higher demand, higher price”?In July the WGC published three...

Powell’s recent dovish remarks started a sugar high among investors. However, it seems like the hangover has already begun.The Gold Miners While gold, silver and mining stocks jumped for joy...