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
Despite everyone saying the bottom is in, and that gold and miners are set for takeoff, the signs still point south. The real question: how low can they go? Let’s take a look at some price targets for where the GDX and GDXJ mining ETFs...
Gold’s volatile little brother had an interesting run thus far, with internet forums buoying its price. But will fundamentals prevail? Where is silver headed?
Now that the correction is largely over (or about to be), will gold and miners decline right away, or will they see some minor upside before a deeper plunge?
The yellow metal’s behavior looks more bearish now than it did in 2017-2018. The USDX has a lot of bullets in its chamber, and gold can be riddled with them.
It’s all connected. The Eurozone’s underperformance boosts the USD, thus placing pressure on gold and the ETFs. So, which ETFs will suffer most?
Gold rallied, gold miners soared to new March highs and the USD Index finally moved lower; and most likely, these price moves are not yet over.
Do you want to get your fix before the precious metals slide again? Recent moves in gold and the USD have made miners an attractive short-term bet.
Forget gold and silver for a moment. Do you hear the music? Yes, it’s coming from the mining ETFs club. But how long will the party last? And more importantly, why miners, you may ask? Because miners tend to outperform in the early days of...
Without a doubt, everyone is wondering (and should be): where is the bottom in gold and what’s going to happen to the yellow metal after it came close to touching $1700 last week?
Folks, it seems that gold has formed an interim bottom, and a short-term corrective upswing is now likely, before the medium-term downtrend resumes. Any further declines from this point are not likely to be significant for the short-term....
