Author: Sunshine Profits

With Dovish Powell, Can Gold Shine Again?

With Dovish Powell, Can Gold Shine Again? by ARKADIUSZ SIEROŃ, PHD for Sunshine Profits Fed Chair Jerome Powell sounded dovish during his press conference on December 16, where he gave a market update after the Fed’s monetary policy meeting. The...

Will Gold Rise after December’s FOMC Meeting?

Will Gold Rise after December’s FOMC Meeting? by ARKADIUSZ SIEROŃ, PHD for Sunshine Profits With December’s Fed meeting behind us, the fresh economic projections look bad for the yellow metal. However, the monetary policy statement and Powell’s press conference could...

Deceptive Rally? Measuring Silver’s Relative Strength

Deceptive Rally? Measuring Silver’s Relative Strength by PRZEMYSŁAW RADOMSKI, CFA for Sunshine Profits It’s tempting to ride the silver rollercoaster. After-all, gold’s volatile little brother is just that – volatile. Its wilder price swings make some of the investment public...

PMs Still in Corrective Phase

PMs Still in Corrective Phase by PRZEMYSŁAW RADOMSKI, CFA for Sunshine Profits In the previous analyses, I wrote that gold’s short-term potential should be understood as a “possibility” and not a “likelihood”. Yesterday’s price action across the board confirms that...

PMs: Looking for Key Triggers

PMs: Looking for Key Triggers by PRZEMYSŁAW RADOMSKI, CFA for Sunshine Profits The question on everyone’s mind is: when is it a good time to buy some gold or silver after they bottom? The answer to that question is simple:...

Will Weak November Payrolls Support Gold?

Will Weak November Payrolls Support Gold? by ARKADIUSZ SIEROŃ, PHD for Sunshine Profits US nonfarm payrolls disappointed in November. What does it mean for gold? First, let’s examine the facts. As the chart below shows, total nonfarm payrolls in November...

What Does Biden Imply for Gold?

What Does Biden Imply for Gold? by ARKADIUSZ SIEROŃ, PHD for Sunshine Profits America has elected a new President. It was a close race, but Joe Biden eventually won and he will be inaugurated and take office in the White...