P. Radomski

Przemyslaw Radomski, CFA, is the founder, owner and the main editor of SunshineProfits.com.  You can reach Przemyslaw at: http://www.sunshineprofits.com/help/contact-us/.

 

P. Radomski Articles

What a remarkable day Friday has been! Going into the U.S. session open, we have seen gold challenging its early-June highs. The barrage of geopolitical news has been deafening and gold had literally nowhere to go but up. But something “...
Quickly after the volatile plunge, gold reversed and it’s moving higher in today’s pre-market trading. The $64,000 question is whether this is a correction within the decline, or did the huge rally just resume after a pullback. Which...
One surprising news was followed by another surprising news. First, Trump told the world about his plan to keep increasing tariffs on Mexico, defying his own party. Then, no hint of relief had come regarding the China trade dispute....
Have you thought about simply buying gold and forgetting about it for the next 10-15 years? We certainly did. And it seems not bad. But is „not bad” enough?
Gold and silver declined a bit yesterday, but mining stocks reversed and closed the session higher. It seems that the miners showed strength, especially that they formed a bullish reversal candlestick. But did they? The reversal...
The last few trading days in gold were quite interesting, but overall gold has been a quite boring market in the last couple of months. Gold’s volatility index dropped to new lows as the current back and forth movement is just a small part...
Gold hasn’t had much success moving higher yesterday. Its breakout above the neckline of the previously completed head-and-shoulders pattern is close to being invalidated. Will that invalidation happen prior to or shortly after the Friday’...
We had warned you about the miners’ bluff and we hope that you heeded it. Gold is still testing the neck level of the head-and-shoulders pattern, but silver is already back at its 2019 lows, while miners broke decisively below them. It may...
The stock market took a dive, and gold with silver barely moved higher. Miners had little reason to rally, especially that they have been underperforming gold for many days now. And yet, gold stocks and silver stocks moved visibly higher....
Last April, while discussing the boomerang question about the trigger that is needed for gold to decline, we emphasized that gold can decline on… absolutely nothing. It’s imperative to keep watching the signs and determine when the market...

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The Federal Reserve Bank of New York holds the world's largest accumulation of monetary gold.