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 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,...
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.
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...
What a difference from a month ago, right? Miners moved overall higher – with volatile moves both ways, only to… truly plunge in March. Miners often lead gold higher and lower, so this decline doesn’t bode too well for the price of the...
In yesterday’s analysis, we wrote that the outlook for the precious metals sector remained bearish, and we wrote that if you’ve been wondering which parts of the precious metals sector are likely to decline the most, we would still choose...
Gold is testing its previous 2020 highs, but silver plunged anyway, which created a very special situation. Namely, the gold to silver ratio just jumped to the 100 level. This may not seem like a big deal, because ultimately people buy...
The first one is the situation in crude oil. Namely, it plunged below $30 overnight as Saudi Arabia ramped up production following Friday's OPEC+ collapse. At the same time, treasury yields plunged to fresh record lows and the USD Index...
There are indicators, and there is price action. Some technicians swear by one or the other, yet it’s most sensible to combine both views as they go hand in hand. Further, there is a special breed of indicators that are not a derivative of...
