Commentaries

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Russia and China Are Selling Treasuries and Buying Gold…

Fred Hickey of the High Tech Strategist newsletter fame gave a brutally honest interview with The Wall Street Cheat Sheet about the financial/economic condition of the United States and how China and Russia, two of the largest financiers of our Government, are protecting themselves from the reckless policies of Obama and Bernanke. Here’s is a … Continue reading

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When Will Gold Make its Next Big Move?

In recent commentaries, we’ve focused on the macro factors that will drive acceleration in the precious metals sector. Namely, the gradual exodus from both government and corporate bonds as authorities are forced to monetize debts in an effort to avoid rising interest rates, which would hasten default and bankruptcy. This, and not bank lending or … Continue reading

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The Truth vs. Ben Bernanke – How Do You Know Bernanke Is Lying?

A: His lips are moving.   Here’s a direct quote from a speech Bernanke gave to the National Economists Club in 2002, when he was jockeying to become Greenspan’s successor: “U.S. Dollars have value only to the extent that they are strictly limited in supply. But the U.S. Government has a technology, called a printing press … Continue reading

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US Dollar

USD is seemingly okay, on its way to higher levels. But the daily MACD has diverged bearishly and has taken the form of a head & shoulders. A drop below MACD zero would activate the potential to end the rally and re-test the lows. The dollar and euro are doing the dance of confidence, which … Continue reading

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Precious Metals Stocks – Is The Rally Really Over?

This essay is based on the Premium Update posted on April 16th, 2010 Prime Minister Gordon Brown, who will face a tough battle in the upcoming elections, has two nicknames in the British press– “Golden Brown” and “Goldfinger Brown.” Since anything pertaining to gold is of interests to us at Sunshine Profits, we looked into … Continue reading

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Junior Gold Stocks Update

As subscribers know, twice per month I update the junior gold sector (also the junior silver stocks). I have proprietary indices and I cover the stocks in these updates. Also once per month I update the companies in terms of fundamentals and news announcements. Monday’s update, GSL #28.1 looked at the JR Gold sector. Our … Continue reading

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Gold Bull Market Intact, Accumulation Time

The latest SEC investigation of Goldman Sachs has brought down most asset classes, including gold. Of course this makes no sense whatsoever, since the secular bull market in gold is driven by factors outside Goldman’s packaging of esoteric securities to unsuspecting investors. However, short-term moves often defy logic, and it is the job of the long-term … Continue reading

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Eric Coffin: Follow the News Early

“News flow is really, really important. If you’re going to play these kinds of stocks, especially if this is a sector you’re not that comfortable with, you want to get in at the start or before the start of a drill program and not at the end,” says Eric Coffin, co-editor along with his brother … Continue reading

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The Strong Hand Theory

I’ll start off with an analogy. Let’s say you just bought a business, a small restaurant. You open for business on Monday and after a week you have grossed $6000. You’re feeling pretty good about how things are going. The business is up and running. Dollar signs are floating in your brain. Then a week … Continue reading

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