P. Radomski
CFA, Editor & Founder @ Sunshine Profits
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
Gold rallied visibly yesterday as the USD Index gave away some of its Friday’s gains, and this sparked questions about whether this is actually bullish for gold. And rightfully so, after all, if a given market reacts to what it shouldn’t...
The USD Index let out a roar heard across all markets. The king of the financial jungle arrived, along with the greenback’s largest single-day gain.
Gold started its decline without anyone’s assistance. And when the USDX takes off, that downhill tumble can only increase. The USDX declines and the precious metals sit by idly, twiddling their thumbs. If they had the strength that’s being...
Even the smallest moves can be of utmost importance to a number of investors. This time, the USDX was the one to give a subtle nod to the upcoming changes.
The S&P GSCI Index is strongly correlated with the price of gold. When the USDX goes up, the former does the exact opposite - and gold may follow.
Indicators are pointing to gold and mining ETFs running out of breath. They don’t seem to have what it takes to the move to the finish line. Despite gold, silver and mining stocks’ recent corrective upswings, the precious metals are...
If gold’s recent rally is just a correction within a larger medium-term downswing, and the 2018 pattern repeats, this could mean the final plunge. Gold continues to move just like it did at the beginning of this year, and – combined with...
Even though gold “could have, would have, should have” rallied given USD’s decline, it ended yesterday’s session lower. Why? Because it wants to slide.
A culminating point has been reached. With the USD Index being backed up by solid fundamentals, can gold hold the line? Have you ever noticed how often the language of war is used in finance and economics articles? A given company is on...
Gold had a good day yesterday, but as it hits the $1,770 resistance line, it will be anything but easy for the yellow metal. The real test has begun.
Recent Articles
Goldschläger and Goldwasser are liqueurs containing pure gold flakes.
