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
The price of palladium just exceeded the price of gold for the first time in 16 years. That’s an epic even. But what does it really mean? And why should gold, silver, and mining stock investors care about the small palladium market?
Gold, silver and mining stocks declined in a quite visible way yesterday, which is in tune with our previous expectations. In the previous days it was only silver and miners that declined in a meaningful manner, but yesterday gold joined...
Silver just moved to its 2018 bottom. Not somewhat above it, not relatively close to it – silver’s Friday’s close of $14.14 equals the previous lowest closing price of 2018 that was formed on September 14th. That’s not yet a breakdown, but...
USDX’s Friday’s close was its highest weekly closing prices of 2018. This is an extremely significant confirmation of the bullish outlook for the US currency that followed the verification of the breakout above the inverse head-and-...
Not much happened yesterday on the precious metals market, but the situation became more bearish anyway. Why? Because the factors that impact gold, silver, and mining stocks don’t come only from the PM market itself. In today’s globalized...
And so it happened. Gold stocks closed the week below the neck of their inverse head-and-shoulders pattern, while the USD Index closed it above its own inverse H&S. The implications thereof are strongly bearish for gold, silver, and...
Wait, what?! Isn’t the inverse head-and-shoulders a bullish pattern that was supposed to take gold miners much higher? Indeed, it is. But it didn’t take gold miners much higher and all that the completion of the above-mentioned pattern...
Gold rallied yesterday, right before its turning point, and reversed its course before the end of the session. Precisely, even before the US session started. Miners reversed as well, after failing to move back above the late-2016 bottom.
There were not many changes in gold, silver and mining stocks on Friday, and not much has changed in terms of the weekly closing prices either. Gold and gold stocks closed modestly higher, and silver was up by $0.01 last week (after...
The previous week is over - and even though we haven’t seen any significant volatility in its final part, it doesn’t mean that we haven’t seen any meaningful signals. We did…and one of them has important implications for the short-term and...
