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
Today we finally see it – the USDX moved lower at last. USD’s breather here is nothing surprising, and it’s not bearish either. It’s simply normal for a market to correct after launching a rally as strong as what we saw in October and...
Not all ways of profiting of declining mining stocks are made equal – let’s explore that. It’s quiet on the market today… That’s normal – periods of high volatility are often followed by relatively stable periods during which markets...
Have you previously seen gold slide $100 in several hours? Now you have. It seems that my subscribers managed not only to take profits off the table from the long position just one day before the top (after entering the long position on...
That’s an interesting situation. Gold us up, but silver and miners are down. What gives?
No market moves up or down in a straight line. And the time for the “up” in miners is here.
We saw a small move up in the precious metals sector (and then back down), which is completely in tune with what I wrote yesterday, and as such, it doesn’t change the outlook.
And no, I don’t mean Trump’s presidency, but that’s true as well. I mean the rally in the USD Index and the declines in the precious metals and mining stocks.
The markets don’t move in a straight line – they correct every now and then and that’s normal. This appears to be taking place in gold and mining stocks right now. It’s not only a general tendency for the markets to correct in this way...
The bond yields are declining, so gold must be going up – that is what we are hearing and reading over and over again. On numerous occasions, I emphasized that gold is most likely to move in the opposite to real yields, not nominal ones,...
Last week, the USD Index stole the spotlight. It truly soared. But… Very few people are actually long. Yup. Even though the USDX moved high so profoundly, it wasn’t fresh buying that pushed the price higher. It was a short covering, and it...
