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
At a panel discussion, Fed Chair finally admitted that inflation could be more (!) long-lasting than expected. What does it mean? Hawks. Lots of them.
With a more hawkish Fed disposition, non-commercial traders remaining dollar-strong, and the EUR/USD sinking, it doesn’t bode well for the metals.
Gold didn’t do much yesterday, but there was more than one thing happening that served as an additional bearish confirmation. The most important sign came from silver’s short-term outperformance.
Gold, silver, and mining stocks don’t need any help from the USDX or the stock market; they can decline all on their own – the miners in particular.
Raise the dollar, drop the metals. Under most possible scenarios, things don’t look good for gold, silver, and mining stocks – for the medium-term.
Evergrande. That’s the topic everyone requested me to cover, so I will. But before I do, I would like to emphasize that I’ve been writing about it for months. No, not about Evergrande per se, but about the situation being similar to 2008.
The declining medium-term outlook for gold, silver, and mining stocks will eat away at the honey pot of US dollar bears. Get ready for bee stings.
So much money printed. Excessive debt. Even pandemic! And gold failed to hold gains. But that’s how markets work, no matter what gold permabulls say.
With the Delta variant decelerating U.S. economic momentum, the chorus proclaiming ‘peak growth’ is growing louder by the day. And as the colder months approach and outdoor activities fail to stimulate consumer spending, economists have...
The medium-term outlook for precious metals is a bearish one, and as gold moves lower, the miners will move lower faster. Small price jumps don’t count. Let’s get this straight, we’re not day traders, and getting excited about an...
