Articles written by Sunshine Profits - Benzinga

FOMC Minutes Don't Offer Any Hope For Gold

FOMC Minutes Don’t Offer Any Hope For Gold The recent FOMC minutes confirm the Fed’s commitment to curb inflation and, apparently, gold prices.

Will Gold Survive Another Jumbo Rate Hike?

Will Gold Survive Another Jumbo Rate Hike? The key FOMC meeting ends soon. One thing is certain: after this event, the gold market won’t be the same. The Fed’s Projection Will Be Key for Gold

Gold Sees Light at the End of the Fed's Tightening Tunnel

Gold Sees Light at the End of the Fed’s Tightening Tunnel The FOMC hiked rates by 75 basis points in July. However, the recession drums are getting louder, and gold likes such music.

Ukraine, Oil, and Gas - Is Russia Really The Bad Guy?

While everyone is criticizing Russia, it’s easy to follow the US ‘savior’ narrative. However, what if we looked at what’s happening with oil and gas in mind?

Stocks - More Volatility Following Hawkish Powell

Stock prices were volatile on Tuesday, as the S&P 500 fell to the new local low. But today it may rebound again. but will the downtrend continue?

S&P 500 Is Almost At New Record High, Will The Uptrend Continue?

S&P 500 got close to its all-time high, as market mood turned bullish again. But the index retraced some of the rally. So will the uptrend continue?

S&P 500: Inflation Fears May Push Stock Prices Lower

Stocks’ short-term rally came to an end this week and the S&P 500 index entered a consolidation along the 4,700 level. Is this a topping pattern?

Gold Jumps Despite Hawkish FOMC Minutes

The September FOMC minutes were rather hawkish, but gold prices rose yesterday. Did higher inflation finally push the yellow metal up?

Will Q4 2021 Be Better For Gold?

The third quarter of 2021 was bad for gold, with a particularly awful September. Could the remainder of the year be any better for the yellow metal?

Stocks Extend Their Consolidation Ahead of Friday's NFP Data

Stocks extended their consolidation yesterday as the index gained over 1%. But today it is expected to open lower again. Is this a bottoming pattern?

Fed: Singing The Inflation Blues

With inflation surging and Powell praying for a “transitory” miracle, the troubles confronting the Fed are accelerating, not decelerating. “I got the blues, Got those inflation blues” -- B.B. King To explain, I wrote on Sep. 24:

Gold Back Below $1,800!

Easy come, easy go. The yellow metal rallied on Friday just to plunge on Tuesday. What’s your next move, Mr. Gold?

Surging Home Prices and Gold – What's The Link?

US home prices are surging, increasingly raising worries about inflation. Could gold follow houses? If so, why?

Bond Conundrum - Boom or Bust for Gold?

Inflation has risen, but bond yields have declined. Such a divergence is strange — beware gold bulls!

Gold Moves Above $1,800 After Jackson Hole

The Jackson Hole is over — we left it in the rearview mirror. Gold moved higher in an immediate reaction, but bullish joy may be premature.

Nixon's Closure of Gold Window Still Supports Gold Prices

August marks the 50th anniversary of Nixon’s closure of the gold window, the end of the gold standard that still affects the global economy.

Excited About Market Highs? Don't Be – Looks Like A Topping Pattern

Stocks changed little on Tuesday, but the S&P 500 reached a new record high. Is the market able to break above 4,500, or is it running low on fuel?

USDX Resurgence: Don't Let It Catch You Flat-Footed!

With its negative correlation to the metals, the USDX rally weighed heavily on gold, silver and stocks. Stop and think: what would be if it continued?

Fed To Taper This Year – What Are the Odds?

The latest FOMC minutes show that the Fed will likely taper quantitative easing this year. It’s largely priced in, but downside risks to gold remain.

Gold Rallies On Softening Inflation - What's Going On?

Inflation softened slightly in July and gold prices rose, but the bullish joy may be premature. How should we respond?