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 and USD Index are always connected – the former can’t break from the currency it’s priced in. And right now, that provides us with extra clues. Things are very exciting on the USD Index front. Yes, it’s declining, and yes, it’s...
In my analysis yesterday, I was forecasting silver prices for July 2023, and basically, this prediction was not bullish. Yes, I am very bullish on silver in the long run, but silver’s recent strength appeared fake as it was not accompanied...
The U.S. markets are closed for Independence Day, but we just saw some fireworks in junior mining stocks. Will they rally independently from gold?
I get a bearish signal, you get a bearish signal, bearish signals for everyone! Yes – we just saw another one. Yesterday was quite a pleasant day, wouldn’t you say? Our profits in the GDXJ (short position in it) increased once again, and...
Classic. Informative. Just plain beautiful! That’s what gold’s, silver’s, and mining stocks’ Friday’s verification looked like. The rally that we saw early on Friday might have triggered some ‘bullish instincts’ among those that haven’t...
The markets just assumed a dovish U-turn in interest rates, thinking that the inflation problem is handled. The below chart features the inflation that’s expected in one year.
Yesterday’s FOMC and the following press conference were groundbreaking. Rates stayed, but Fed said about raising them twice this year = no U-turn!
Very little happened in gold and miners yesterday. As the USDX is hesitating, so do PMs. The biggest component of the USD Index tells what’s next. The biggest part of the USD Index (with 57.6% weight) is, of course, the EUR/USD currency...
Very little happened in the precious metals market yesterday, but something major happened in stocks. And it has important implications for PMs.
AI! Computers making intelligent decisions! New paradigm! Old laws don’t apply anymore! Long live the bull market! …Really? Yes, AI is transformative. It already starts to enhance multiple businesses, just like the Internet did many years...