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
Bitcoin is already declining, and miners continue to move higher. Sounds familiar? It should, if you’ve been following both markets for at least a few years.
“If Powell is more dovish – emphasizing the need to stimulate growth etc. – we might get very short-term rally in gold (and a decline in the USD) that would be followed by declines in gold and a big rally in the USD Index anyway. Why?...
Remember when miners were very strong relative to gold and USD in 2011? Guess what. Taking the time factor into account makes both situations even more alike.
With markets relatively calm this week as everyone awaits Powell's Jackson Hole speech on Friday, I wanted to update you on some critical fundamental developments that are setting up what could be one of the most significant market moves...
Especially when it’s a $0.01 that invalidates a major breakout. Then it becomes a major sell signal. We just saw that in the GDXJ.
The markets did little yesterday, but it doesn’t mean that we have no signals right now. Conversely, there are plenty.
The precious metals market hasn’t done that much since I posted my gold price forecast for August 2025, so today’s issue will be a supplement rather than a major update – there’s simply nothing to update.
Miners moved quite sharply higher – just as the general stock market did, but… There are only two charts that really matter right now – and they both feature the USD Index.
And do you know what isn’t normal? When a market that is driven by some other market pretty much ignores its strong indications. Just like what mining stocks did relative to gold.
The markets are no longer on the verge – they’re making the key step as I’m writing this. The USD Index didn’t just move to a new July high – it also moved above its June high. Congratulations to everyone who didn’t fall for the bear trap...
