Commentaries

May, 2012: “Gary = Dumb Investor”, which was a memorable comment response (among many) to the SeekingAlpha version of this bullish article: Dumb Money Sold in May and Went Away Presently, I am an “idiot” and a “doomer” for being ‘risk vs. reward’ bearish on the US markets. Excerpted from NFTRH 225: The Great Rotation … Continue reading

Action in gold and the gold shares continues to be brutal.

Precious metals mining stocks may not look too encouraging recently – with mostly declines in 2013 and lack of any spectacular rally.

The impossibility of economic calculation in a fiat world The purpose of keeping accurate accounts is to quantify net worth at any given point in time – as well as the change from a prior date. It goes without saying that the measure used, money, should be constant if comparisons over time are to mean … Continue reading

In our previous essay we stepped back from the day-to-day price analysis in order to focus on the major event that happened recently on the silver market (the silver – JP Morgan manipulation lawsuit was dismissed) and today we would like to get back to the recent price moves, however, first, let’s discuss the current situation on the bond market.

To once again quote the man I respected more than any other market professional I have come in contact with, [a late friend], we will list “just the facts” in order to define a complicated, yet very interesting period in time. Stock sentiment was at an extreme over-bearish level by what Sentimtrader.com’s data label “dumb … Continue reading

Every now and then we receive questions about JP Morgan and the allegations that the company suppresses the price of silver. In our Q&A section we answered some of those concerns by replying to a question about JP Morgan and silver manipulation. In that answer we wrote the following:

To illustrate the difficulty of measuring performance in terms of the US dollar, today we are presenting three inflation-adjusted (IA) gold charts.

We at Sunshine Profits suggest holding three precious metals (in a physical form) as long-term investments in a “default” precious metals portfolio – gold, silver and platinum.

Perhaps you have heard that the Fed is printing money to get out of the crisis and that such actions cannot possibly end other than in even more money being printed and in the dollar losing its ability to buy you tangible assets.