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
After awakening from its slumber last week, the USD Index may be in the early innings of a short-term breakout. Bursting with energy, the dollar basket closed (on Dec. 22) above its declining resistance line (although more data is needed...
Do you feel the Christmas spirit when it comes to the yellow metal and miners? Because we don’t. Multiple signs over the past few days point to bearish weeks ahead for gold and the gold miners. The VanEck Vectors Gold Miners ETF (GDX) -...
By now it seems that gold’s refusal to rally despite the USD Index testing new lows is an example of bucking the trend. The same applies to silver and the miners. This trend, throughout recent history, has implied that the stronger the...
Silver still has some way to go before bottoming. It has not rallied despite a lower USDX (gold and miners did not rally either) and a higher stock market. Silver has bright days ahead, but not until it passes this most recent downward...
Gold’s rally days appear to be numbered based given i.a. the weakness present in gold mining stocks. Gold miners usually lead gold, so examining their performance can often lead to extra insight into gold’s future price movement.
The question on everyone’s mind is: when is it a good time to buy some gold or silver after they bottom? The answer to that question is simple: when key triggers are met. Count-trend rallies in gold or silver don’t mean that they have...
It’s crunch time for gold and the U.S. Dollar Index (USDX), as they find themselves at a crossroads. As of Wednesday, the USDX is holding its lows but wants to move up, thus invalidating its breakdown. And gold? Well, gold did gain a bit...
This surely isn’t one of William Shakespeare’s plays, but excitement over occasional corrections as if they herald something much bigger has elements of comedy. Let’s face it, emotion is ever present in the markets and when investors are...
As 2020 is wrapping up, investors are trying to narrow down the target for gold’s bottom in the coming weeks. And as the yellow metal is experiencing what appears to be its worst month in the past four years, the Gold Miners Bullish...
Gold plunged on Tuesday to slightly below $1800 an ounce – the first time it did so since July. The news of further successful vaccine tests and U.S. President-elect Joe Biden beginning his transition to the White House have made investors...
