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 certainly reacts with great sensitivity to fevers rising. And the most important fundamental factor right now remains the Covid-19 pandemic and what might be referred to as the Great Lockdown. We’ll open today’s article with the...
In yesterday’s Gold Trading Alert, we commented on gold’s breakout above the previous highs and described the completion of the inverse head-and-shoulders pattern in the following way:
The yellow metal and its fiat nemesis. Gold and the dollar certainly move not in a random relation to each other. The strength and direction of one taking the cue from the other changes over time, but what does it tell us about the present...
Two important things happened yesterday. And no, the ridiculous rally in crude oil wasn’t one of them. Yes, it was ridiculous, because it was clearly based on just one indication from Trump that was not backed by anything, and in the crude...
It’s 2008 all over again, only much worse. And just like back then, PMs are likely to slide very fast, very far and then recover in a big way. A lot of money is likely to be made by those, who are positioned correctly.
Mark Twain said that history does not repeat itself, but it rhymes. It’s certainly true in both life and financial markets. Let’s explore how the recent history lessons apply to the precious metals.
Gold has been trading wildly recently. And little wonder, considering the global hunt for liquidity. Where shall the indiscriminate selling stop? In other words, the million-dollar question is, how low could gold go during this decline,...
In the summary of Friday’s Gold & Silver Trading Alert, we wrote the following: This rally might make one feel bullish - after all, the prices of miners are likely to soar soon. Please be sure to keep in mind that what we saw was the...
Traders consult higher timeframes so as to get a big picture view that filters out some short-term noise. So, what story does the monthly gold chart tell?
Yesterday, we told our subscribers that probably all markets (or most thereof) are about to correct. And it seems that’s exactly what is happening. Crude oil is moving higher. The USD Index declined from 103.82 to about 102.72 (at the...
