Submitted May 27, 2020|From sunshineprofits.com

Last week, the FOMC released the minutes from its last meeting. What implications do they carry for the gold market? Last week, the FOMC has published minutes of its meeting from April 28-29. They show that the Fed reassessed the coronavirus ...

Submitted May 25, 2020|From sunshineprofits.com

If you thought that the Great Recession was a disaster, you might want to change your mind soon, as the coronavirus crisis is much broader and deeper. In today's article, we'll compare the Global Financial Crisis from 2007-2008 with the current ...

Submitted May 22, 2020|From sunshineprofits.com

Just like all good and bad things alike come to an end, so do "never-ending" rallies. Crude oil declined well over 5% today, which might mean that we already saw the end of the rally. But did we certainly see it? Will crude oil be trading lower ...

Submitted May 21, 2020|From sunshineprofits.com

This week, Powell gave a long television interview and a testimony to the Senate. What groundbreaking did he say, and what do his remarks imply for the gold market? Powell dominated media news this week. On Sunday, the Fed Chair gave an interview to ...

Submitted May 18, 2020|From sunshineprofits.com

Whenever one hears the words precious metals, gold and silver spring to mind. But this world is much richer, and precious metals don't end with the yellow or white metal. The less well known cousins, platinum and palladium, can and do send valuable ...

Submitted May 15, 2020|From sunshineprofits.com

Crude oil soared higher yesterday and also in today's pre-market trading, which shows you why it was a good idea to remain cautious yesterday, even despite crude oil's breakdown below the rising support line. We previously wrote the following: We ...

Submitted May 14, 2020|From sunshineprofits.com

Powell gave a much-awaited speech yesterday, in which he sent one bearish and two bullish messages for gold. What exactly did he say and what does it mean for the yellow metal? Jerome Powell gave a speech yesterday at the Peterson Institute for ...

Submitted May 13, 2020|From sunshineprofits.com

The precious metals market did almost nothing yesterday, and consequently we have relatively little to comment on today. There are two subtly bearish signs that we would like to feature, nonetheless. The first subtly bearish sign is the change in ...

Submitted May 11, 2020|From sunshineprofits.com

The recent volatility in most markets was really extreme, which means that it was easy to lose focus on the things that matter the most in case of the gold market. It was relatively easy to keep one's focus as far as the fundamental outlook for gold ...

Submitted May 8, 2020|From sunshineprofits.com

$2,000, $5,000 or even the Jim Rickard's $50,000 as the next target for gold. How realistic are these figures - could we see the yellow metal at $5,000 or even higher amid the coronavirus crisis? We invite you thus to read our today's article and ...

Submitted May 7, 2020|From sunshineprofits.com

Half the US States and countries like Italy and Germany are gradually easing lockdowns. Taking measured steps, the moves are broadly cheered. Rightfully so? And what does the reopening mean for the gold market? By May 6, 2020, more than total 3.6 ...

Submitted May 6, 2020|From sunshineprofits.com

In yesterday's Oil Trading Alert, we opened a long position based on crude oil's exceptional strength, and this position is already over $2 profitable. Crude oil is taking a breather today, but it doesn't seem that this pause is the end of the ...

Submitted May 5, 2020|From sunshineprofits.com

Just like the BoJ last week, the ECB also expanded its monetary policy easing. Meanwhile across the pond, more than 30 million of Americans applied for the unemployment benefit. What does it all means for the gold market? Following the statements of ...

Submitted Apr 27, 2020|From sunshineprofits.com

The new coronavirus is unfortunately deadly not only for humans but also for global economy. The central banks have shot their bazookas, but the monetary policy is helpless during pandemic with their supply disruptions and self-quarantine that ...

Submitted Apr 22, 2020|From sunshineprofits.com

From the unimaginable lows, crude oil is shaking off the dust. Moving higher, can it rise like a phoenix? Before moving to the technical part of today's analysis, it seems that a quote from yesterday's Oil Trading Alert would be appropriate: Crude ...

Submitted Apr 21, 2020|From sunshineprofits.com

The recent economic reports show that the current coronavirus crisis will be bigger than the Great Recession. What does it imply for the gold market? This week was full of new reports about the US economy. And guess what, I don't have good news... ...

Submitted Apr 20, 2020|From sunshineprofits.com

The new coronavirus has already infected the global economy. The global lockdown means that recession is inevitable. The central banks all over the world have stepped in, cutting interest rates and pumping liquidity into the system. For example, the ...

Submitted Apr 17, 2020|From sunshineprofits.com

The greenback exerts powerful influence on the precious metals - that has been the case yesterday, and it unsurprisingly continues to be so also today. So, what message is the USDX sending out right now? We'll open up with a quote from yesterday's ...

Submitted Apr 16, 2020|From sunshineprofits.com

One of the many bothering issues about the coronavirus crisis, is whether it will turn out to be inflationary or deflationary. What do both of these scenarios mean for gold ahead? Many people are afraid that the coronavirus crisis will spur ...

Submitted Apr 14, 2020|From sunshineprofits.com

Another week passed, and the number of jobless claims increased further. That was clearly not expected by the Fed, as the recent minutes shows. What does it all mean for the gold market? Initial jobless claims have become one the most important data ...