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

The great day of the Fed interest rates decision and forward guidance has arrived. There hasn’t been much pre-positioning volatility in the precious markets so far. With the exception of gold perhaps, you might say. Let’s dive in and...
The entire precious metals market moved sharply lower yesterday. Silver erased more than it had gained on Wednesday and mining stocks broke below their rising support line. All this happened while gold closed below $1,420 for the first...
The USD Index practically erased its Thursday’s losses, and the precious metals faced stiff headwinds. Silver again outperformed gold, adding more strength to the signal it’s flashing for quite a few days already. Yet, it was gold that...
Gold stocks just ended the week at a new 2019 high, while gold confirmed its breakdown in the most important – weekly closing price – terms. Who should one believe? Are gold miners leading gold higher just like it was the case many times,...
Sounds contradictory, but is perfectly true nonetheless. Just like you need to go faster than the car in front of you to be able to overtake it, the price sometimes has to rise faster than a steeply-sloping support level does so that it...
The gold market started July with a big decline, but it was immediately followed by a relatively big rally. At the moment of writing these words, gold is back to about $1,400 as the second attempt to rally well above this level was...
Quite a few journalists wrote about gold’s breakout in the previous days even though gold made an attempt to break above the key resistance – the mid-2013 high – only today (and it failed). At the same time, when the gold to silver ratio...
Gold broke above the $1,400 level last week and the volume that corresponded the move was exceptional. The story doesn’t end there. The volume for silver was big and the volume for silver stocks was truly epic. Something very, very, very...
Gold and mining stocks just closed at a new yearly high. Silver is not even close to reaching such levels, and gold is already back below where it was trading 24 hours ago. Can these breakouts be trusted? Do they have a lasting power? To...
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 “...

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Gold is still being mined and refined at the rate of almost 2,600 tonnes per year.