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
The fact that we did see the government shutdown doesn’t change that much. What matters is how long it will remain shut down. And I don’t think that this will happen for any reasonable amount of time. I view the current closure as a hard-...
The government shutdown is once again in the news, and gold is apparently capitalizing from it. It’s all smoke and mirrors as those making the decisions will not cut funding for themselves. It’s just the politicians pretending that they...
I don’t want to once again write that “this time this is really it”, but it still seems that the end of the rally is near – if it wasn’t completed already.
Yesterday’s session was just perfect. The initial reaction was in tune with what made sense given Fed’s rate cut, but it was soon overwhelmed by the buy-the-rumor-sell-the-fact type of reaction. The one that you knew was coming.
The market is already telling you what it wants to do. We have the USD Index that just moved to its early low and is starting to move back up. Let me write that again: the USD is refusing to move to new lows despite the change in Fed’s...
Both employment and inflation numbers were worse than expected. Stagflation approaches. Or is it already here?
It seems that I could end today’s analysis after writing the title. That’s exactly what is happening. Ok, USD’s comeback above the upper support line and the April low is one other notable thing, but other than that things are pretty much...
Goldman just wrote about gold price being possibly at $5,000. And you know when those forecasts were also getting out of control? In 2011. At the top.
Bitcoin is already declining, and miners continue to move higher. Sounds familiar? It should, if you’ve been following both markets for at least a few years.
“If Powell is more dovish – emphasizing the need to stimulate growth etc. – we might get very short-term rally in gold (and a decline in the USD) that would be followed by declines in gold and a big rally in the USD Index anyway. Why?...
