Sunshine Profits

The latest FOMC minutes were dovish, especially in light of the recent increase in inflation and elevated asset valuations. What does it mean for gold?Yesterday, the FOMC published minutes from its...

When the US Dollar Index declines, precious metals usually celebrate and rise as a result. However, this was not the case yesterday – and we can’t ignore it.“Reversal” is the...

What's Next For The Yellow Metal?Gold recovered after a downward response to the surge in inflation. It rebounded after an initially bearish reaction to the BLS report showing that inflation soared...

Easy choices lead to a hard life (or at least losses), and because gold’s downside move is delayed, it’s extremely easy to be bullish on gold right now.It’s easy to get carried away...

Market participants are very optimistic about an economic recovery, but these positive expectations may be exaggerated. The end of this euphoria should be good for gold.The optimism about the pace of...

Junior miners may soon suffer a breakdown of the short-term support line. So, what’s responsible for their underperformance of gold and stocks?Today’s technical part of the analysis is...

Inflation surged 4.2% in April, but gold declined in response. What is happening?Unbelievable! The “non-existent” inflation keeps getting stronger. The CPI increased 0.8% in April, after...

Gold scored some victories over the past days, but it’s playing a risky game. One misstep and the yellow metal might lose the war.Sometimes, a good strategist needs to give up a few battles to...

Gold jumped above $1,800, and it’s the disappointing jobs data that added fuel to the fire.The gold market is a funny place. On Thursday (May 6), I complained that the yellow metal...

The VanEck Vectors Gold Miners ETF (NYSE:GDX) and ARCA Gold BUGS Index are enjoying a blissful moment. With HUI behaving civilly, will the GDX cling to the unrealistic and try to leap to cloud...

Inflation is not coming. It is already here! Gold should benefit, given that it could be higher and more lasting than the pundits believe.“Knock, knock, knockin’ on heaven’s...

There’s no inflation. None at all. Only, completely by accident, lumber prices are skyrocketing. Gold is likely to remain silent, but it may catch up later.The rise in lumber prices can be seen...

The most bearish development for gold came from…the NASDAQ. And no, these are not six typos in a row. Let me explain.The tech stocks were the strongest part of the stock market in the previous...

New spending is coming! And because of that, Biden’s speech to Congress was fundamentally positive for gold.Last week was full of big events. The FOMC released its newest statement on monetary...

The USD Index let out a roar heard across all markets. The king of the financial jungle arrived, along with the greenback’s largest single-day gain.Just as the African landscape sometimes needs...

Although spring has begun, we can still find ourselves in winter, or even summer. Gold may benefit from such a seasonal aberration.In calendar terms, it’s indeed spring, but economically it can...