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 Fed's hawkish alerts seem like a voice in the wilderness to gold investors. However, a carefree attitude can backfire on them – in just a few months.
Gold, silver, and mining stocks took advantage of their moment and transformed the tensions caused by the war in Ukraine to their benefit. However, all indications are that it is time to come down to earth and that the short-term spurt is...
The Fed will want to keep inflation under control, and that could have miserable consequences for gold and miners. Will we see a repeat from 2008?
In line with predictions, gold is ceasing to benefit from war-fueled uncertainty. Meanwhile, silver faked another breakout. Could it be more bearish? Last week’s powerful, huge-volume reversal in gold was likely to be followed by declines...
Based on the behavior of gold and the dollar, it can be concluded that the influence of geopolitical turbulence on the precious metals market is starting to fade and that it was only temporary.
Gold tried to break its record, but it was the eighth time it failed in this regard. Despite conditions, the level above $2,000 remains unattainable.
Crude oil did it again! Even though gold moved higher recently, crude oil soared so substantially that it stole practically the entire spotlight. Let’s take a look at it before moving to the precious metals sector.
After the war-driven gold rally, oil is starting to outperform. History between these two has already shown that someone may suffer. Many suggest: gold miners.
Sanctions, terminated contracts, and a plummeting currency – Russia is facing the financial crisis specter. Can gold also be affected? In the medium term, even painfully.
Buy the rumor, sell the news. Gold remains bearish in the medium-term, as Russia may end up selling its gold to remain afloat and the USD is poised to benefit.
