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
Let's not be confused by the temporary USDX weakness. Junior miners are faint and we can expect them to decline again soon.
There are numerous indications that junior miners are poised to set new lows on their downward path. Will they pull gold to the bottom as well?
By raising interest rates, the Fed poured cold water on the red-hot markets and finally chilled investors' enthusiasm. What's next for asset prices?
If history is any guide, either a big or an enormous decline awaits gold stock prices. That’s very bearish for the precious metals market.
The FOMC's interest rate hike by 75 basis points to fight inflation became a fact. What do the Fed's hawkish actions and plans mean for the gold market?
As predicted, gold stocks are gradually declining. Their situation is unlikely to improve - the Fed is already planning another interest rate hike.
In the Extra Gold & Silver Trading Alert that I sent over the weekend, I explained why Friday’s upswing was most likely unsustainable. We didn’t have to wait long for the market to agree with me.
If history is to repeat itself to some extent, junior miners have a chance to make minor corrections. However, is it worth leaving short positions now?
While the Fed strives to tame inflation, short-term investors continue to ruin its efforts with bullish actions. Will their love of risk pay off?
A price jump on a given day doesn’t necessarily mean you should give up your short position or go long. Let’s look at the context by examining what happened in the junior mining stocks.