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 bond yields are declining, so gold must be going up – that is what we are hearing and reading over and over again. On numerous occasions, I emphasized that gold is most likely to move in the opposite to real yields, not nominal ones,...
Last week, the USD Index stole the spotlight. It truly soared. But… Very few people are actually long. Yup. Even though the USDX moved high so profoundly, it wasn’t fresh buying that pushed the price higher. It was a short covering, and it...
De-dollarization, the BRIC countries are destroying the USD, and many other theories… All or some of them might be true, but it absolutely doesn’t mean that they have to result in any specific market moves NOW or shortly.
After moving to its Fibonacci-extension-based target, gold price declined – so far, just modestly so.
As the USD Index is testing its lows and preparing for a major rally, gold is making new highs. But it’s likely about to end.
Gold is not doing much today, but silver has already invalidated its breakout. Perhaps GDXJ will do the same shortly.
It’s the Fed’s interest cut day, and the markets keep on expecting a 0.5% cut. In my view, incorrectly so. We’ll see what happens in just several hours. I previously wrote that the markets appear to be reacting to rate cuts and hikes in...
I’ve previously written that gold may confirm its breakout, and unless anything major happened in other markets, this would be a bullish sign. I’ve been waiting to post today’s analysis for the market open, as I wanted to check what type...
Friday, the thirteenth. Will gold have bad luck? Will the U.S. dollar? Of course, the fact that it’s Friday the thirteenth has no impact on neither gold, nor the USD Index, but this day might be important for both markets due to other...
The CPI data is going to be released today, so the markets are tense. Gold moved slightly higher, but the very short-term resistance line based on the previous highs keeps gold’s gains in check.
