Sunshine Profits

In the previous essay, we’ve emphasized that gold is to move higher, and since it has just moved significantly higher, it seems that you may wonder what we think about the situation in its sister-metal – silver. However, before providing you with technical details, we would like to provide you with not-so-bullish views on China, and briefly comment on how it might affect the precious metals market….

This essay is based on the Premium Update posted on April 2nd, 2010 In the March 26th commentary we wrote that given the historical significance of the RSI being at 70 and the fact that the USD Index has just touched the 50% retracement of the previous rally leads us to anticipate that the recent … Continue reading

This essay is based on the Premium Update posted on March 26th, 2010 In our previous essay we explained the link between the USD Index, and the price of gold and commented on what how is the situation on the USD likely to influence the precious metals market. This week, we would like to comment … Continue reading

This essay is based on the Premium Update posted on March 26th, 2010 In our previous commentary we analyzed the situation on the USD Index and since we have just seen it moving sharply higher, we believe you would appreciate an update. Once we cover the situation on the U.S. Dollar market, we will move … Continue reading

This essay is based on the Premium Update posted on March 19th, 2010 In the March 12-th commentary we’ve discussed the influence that China might have on the precious metals market and since the feedback was very positive, we decided to provide you with a follow-up. April 15th is the date to watch. That’s when … Continue reading

In the March 5th commentary, we’ve summarized that signals coming from the analysis of the PM stocks’ charts currently don’t give us very precise signals, which may mean that they are to trade sideways for some time instead of making a sharp move in any direction, but there are other signals (…) that we may be near a local top…

…In our previous essay we mentioned that although it was not clearly visible in the past weeks, looking at the charts with the RSI and stochastic readings in mind, silver’s historical cyclical tendencies point to a downturn…..

…Investors and newsletter writers (we among them) have long speculated that China has a pressing need to start buying gold to reduce its giant hoard of U.S. dollars. We conjectured that China might buy the 191.3 tons that the IMF wants to sell. After all, what could be more logical than to buy the gold off-market?…

…In one of our previous essays we mentioned that the situation in the USD Index appears bearish, but it has not been the main driver of the PM prices lately. It’s been the general stock market that used to drive gold and silver prices lately, which means that the situation is now less than perfectly bullish, especially in the short term….

In our previous essays we have covered the situation on the USD, gold and silver markets, but since there’s more to the precious metals sector than just these two metals, we have decided to supplement the previous analysis by covering the precious metals stocks…..

This essay is based on the Premium Update posted on February 26th, 2010….

This week the World Gold Council released their 2009 Gold Demand Trends report and embedded in the statistics were a few tidbits we found interesting…..