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- Submitted Mar 26, 2021|From sunshineprofits.com|1 comment
Many analysts expect silver to outperform gold this year. It’s possible, but investors shouldn’t count on improving economic conditions and industrial demand. Silver has recently become a hot investment theme. For months, if not years, some analysts ...
- Submitted Mar 23, 2021|From sunshineprofits.com
Although dovish, Powell downplayed the bond yield rally. The Fed’s more tolerant stance on inflation is good for gold, but the metal may continue its bearish trend in the short-term. In the last edition of the Fundamental Gold Report, I analyzed the ...
- Submitted Mar 17, 2021|From sunshineprofits.com
Gold’s volatile little brother had an interesting run thus far, with internet forums buoying its price. But will fundamentals prevail? Where is silver headed? “The Ides of March are come,” said Caesar. “Aye Caesar; but not gone,” replied the ...
- Submitted Mar 9, 2021|From sunshineprofits.com|2 comments
The 2019-2021 gold chart is disturbingly similar to that of 2010-2012, but it does not have to be the harbinger of a bear market. Many ancient cultures saw history as cyclical. According to this view, society passes through repeated cycles. Can this ...
- Submitted Mar 1, 2021|From sunshineprofits.com|1 comment
After gold came down hard last week, what will the yellow metal’s next chapter bring for the miners? How high can they go if gold rallies from here? As gold recently moved very close to my approximate target of $1,700, the senior miners (GDX) ended ...
- Submitted Feb 26, 2021|From sunshineprofits.com
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 divided along many lines, but the biggest ...
- Submitted Feb 25, 2021|From sunshineprofits.com
Powell testified before Congress and reiterated the Fed’s dovish stance, but nevertheless, gold continued to slide. On Tuesday, Powell testified before the United States Senate Committee on Banking, Housing, and Urban Affairs. He offered no big ...
- Submitted Feb 24, 2021|From sunshineprofits.com|2 comments
As U.S. Treasury yields rise, gold, which is seen as an inflation hedge, is hurting. Despite the obvious warning signs, investors remain bullish. After Monday’s (Feb. 22) supposedly “groundbreaking” rally, the situation in gold developed in tune ...
- Submitted Feb 19, 2021|From sunshineprofits.com
Under the Biden administration the economy could overheat, thereby increasing inflation and the price of gold. In January, Biden unveiled his plan for stimulating the economy, which is struggling as the epidemic in the U.S. continues to unfold. ...
- Submitted Feb 18, 2021|From sunshineprofits.com|1 comment
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 – as I warned you in my previous analyses. And that’s ...
- Submitted Feb 16, 2021|From sunshineprofits.com|1 comment
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 early-week strength quickly faded. And with investors ...
- Submitted Feb 12, 2021|From sunshineprofits.com
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, that killed many people all around the world and ...
- Submitted Feb 10, 2021|From sunshineprofits.com|1 comment
Does gold’s most recent rally and the inflow of capital into silver change the fundamental outlook of the PMs? If so, what about equities? In short, yes, the U.S. dollar is down, thereby boosting gold. Yes, the recent massive interest in silver has ...
- Submitted Feb 8, 2021|From sunshineprofits.com
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 hazard, silver tipped over the flowerpot, and left gold to clean ...
- Submitted Feb 5, 2021|From sunshineprofits.com
Joe Biden’s election as president and his first economic proposal proved negative for gold prices, but the presidency might yet turn positive. The 46th presidency of the United States has officially begun. What does that mean for the U.S. economy, ...
- Submitted Feb 1, 2021|From sunshineprofits.com|1 comment
When Joe Public buys shares during a wave of euphoria, they do it close to a market top or before the beginning of a decline. Looking at you, SLV! Silver rallied on Friday (Jan. 29), gold reversed its direction before the end of the day and so did ...
- Submitted Jan 27, 2021|From sunshineprofits.com
In our globalized economy, currency pairs have a negative correlation with gold, so how does the current EUR/USD situation impact the yellow metal? It pays to pay attention to what is happening in Europe. As is well known, there are many currency ...
- Submitted Jan 26, 2021|From sunshineprofits.com
A new sheriff is in in town, and he’s making some rearrangements. Will the new order of things support the price of gold? What a blitzkrieg! Joe Biden certainly wastes no time in signing executive orders. Since inauguration, he introduced several ...
- Submitted Jan 25, 2021|From sunshineprofits.com|2 comments
Gold is suffering a hang-over after it’s early January highs, while the EUR/USD pair is buckling - so when gold declines, where will its bottom be? After injecting itself with Janet Yellen’s stimulus sentiment, gold came down from its highs on ...
- Submitted Jan 22, 2021|From sunshineprofits.com|1 comment
Gold seems to be sleeping off its latest mini-rally and lacks the momentum to reach new highs. What happens from here? Has the USD bottomed? And what does it mean when we factor in the EUR/USD pair and poor economic indicators from Europe into the ...