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’s efforts misfired, silver probably faked another breakout, and gold miners aren’t doing very well either. Is there a repeat of events from a decade coming?
The key things that I described in last week’s flagship analysis (posted on Thursday) remain up-to-date, but there are a few specific comments that I would like to make today about Friday’s session.
The rising USDX and more interest rate hikes prospect don’t seem to bother investors. Meanwhile, gold’s outlook for 2022 has worsened significantly.
Gold is still running on the war-fumes, but its last moves bring to mind only bearish associations. Worse yet, a rising dollar appeared on the horizon.
While the PMs and the general stock market assume that rising interest rates won’t cause any significant bouts of volatility, history suggests otherwise. With good data likely to elicit bad outcomes for both parties, the hotter the U.S....
Gold and the USD act as if they are swinging on a seesaw. However, the apparent idyll cannot last forever – one of the assets will have to be grounded.
Neither the pandemic and inflation, nor war. Nothing seemed to be able to motivate gold to surge, although there were opportunities. When’s the next chance?
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?
