first majestic silver

P. Radomski

CFA, Editor & Founder @ Sunshine Profits

Przemyslaw Radomski, CFA, is the founder, owner and the main editor of  You can reach Przemyslaw at:

P. Radomski Articles

Some say that war never changes, and in some aspects, that’s true. But markets’ reactions to war are also remarkably similar.
The huge rally in gold and the monstrous decline that followed provided a sign of epic proportions.
We got the silver signal, we saw the analogy to the previous low-CPI-number surprise, and now we have this. We have a situation in the USD Index that is a screaming buy alert.
Silver just shot up, and given what the stock market is doing, it makes perfect sense. Namely, it’s most likely the final part of the rally in them both, and the same is the case for gold and mining stocks.
Last week, I emphasized that silver’s outperformance was indicating a reversal. That’s exactly what we saw on Friday. Can you guess what’s next?
So, the CPI and – more importantly, from the Fed’s point of view – core CPI was lower than expected, and the markets soared. What’s next?
Miners just plunged, and they did right after tricking the news-chasers. Fortunately, you knew what to focus on.
As the concern with geopolitics peaked, so did gold price. Silver and mining follow. Are you prepared for the likely outcome?
You saw how miners soared on Friday – everyone did. But do you know why it happened? This time, it’s actually quite clear…
Gold futures finally closed above $2,000, but if one is betting on the rally’s continuation, it’s too early to open that champagne.

Gold is the world’s oldest and most known currency.

Gold Eagle twitter                Like Gold Eagle on Facebook