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 most important Wednesday’s event was Ben Bernanke‘s testimony. The Fed Chairman said the U.S. central bank still expects to start scaling back bond purchases later in the year, but left open the option of changing that plan if needed....
It seems that everybody’s hanging on the Fed’s every word. Yesterday the S&P 500 index climbed above the closing record of 1,669.16 reached May 21 and closed at its record high (1,675.02) as Ben Bernanke backed sustained monetary...
One of the most important pieces of data last week was Friday's U.S. non-farm payrolls report. U.S. employers added 195,000 new jobs to their payrolls last month, exceeding expectations of 165,000, the Labor Department said on Friday,...
Despite the lack of trading activity in the United States due to the Independence Day celebrations, yesterday’s session in Europe was very interesting. The players on the foreign exchange market have provided plenty of thrills. Without a...
Without a doubt, this was a week of strong declines for the yellow metal. What could we read in newspapers and see on TV? The big banks were falling over each other in their scramble to get on the bear bandwagon. Here are some sample...
Last week was very disappointing for those who had previously been long precious metals and very profitable for precious metals bears. A lot happened after the FOMC meeting and the Federal Reserve Chairman’s statement on June 19, 2013.
As...
Gold cannot be printed or manufactured in contrast to the currency. That’s why over the long term it has kept its value as the ultimate currency. There can be no “gold war.” However, we often hear about a currency war. Sounds familiar,...
The recent collapse in gold price hasn’t discouraged consumers across Asia, and in particular from China and India from buying yellow metal. Taken together, China and India account for more than half of the total consumer bullion demand...
The U.S. Mint has resumed selling its 2013 American Eagle One-Tenth Ounce Gold Proof Coin at a hefty $195 per coin as of last week. The Mint has set a 20,000-coin production limit for the coin. Sales of its smallest gold coin was suspended...
The only thing that’s free right now is the air that we breathe. Other than that it costs to manufacture every object and commodity in the world. It takes a certain amount of money to extract a barrel of crude in Saudi Arabia, to make a...
