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
You can’t tell if the forest is on fire just by blindly touching one tree. The gold tree might feel cool now, but what about other ones – silver and stocks?
With the current situation suggestive of a Monty Hall problem, investors are clinging to the first, bullish door. But what if a different option is more likely?
It seems that the big downswing has just begun. Some will call it “transitory”, as the Fed did with inflation, but there is no strong reason for gold to rise again.
Gold rallying on low volume yesterday was a clear bearish sign; the yellow metal dropped about $15 in today’s pre-market trading. What will happen next?
Silver and mining stocks reached intraday highs only to pull back before the end of the day. It all happened on quite big volume – another sign of a market top.
The FED has recently been tricked with its own money. Could the central bank’s scary reverse repos become a treat for the USDX?
Exact weather is hard to predict, even with forecasts, but we can look for clouds on the horizon to prepare ahead of time.
Gold should have rallied today given its negative correlation with the USDX, but it didn’t. Have we reached the top of the mountain with the only way – down?
As we know, history tends to rhyme. It’s never the same, but when you zoom out, the bigger picture often looks very similar. What does it mean for gold?
Most likely we saw the precious metals reach their zenith on May 19, like the tropical sun on the day of the equinox. What will come afterward?
