Author: Sunshine Profits

A Corrective Upswing in a Greenback Downtrend

A Corrective Upswing in a Greenback Downtrend by PRZEMYSŁAW RADOMSKI, CFA for Sunshine Profits As it turned out, the USD Index didn’t reverse yesterday. Instead, it declined further and reached the 92.50 level, while gold responded with a rally as...

Silver Will Eventually Catch up With Gold

Silver Will Eventually Catch up With Gold by PRZEMYSŁAW RADOMSKI, CFA for Sunshine Profits Is silver just an industrial metal? Not only an industrial metal, and not just any industrial metal. It served as money for centuries, much longer than...

A Pullback Amidst Supportive Environment

A Pullback Amidst Supportive Environment PRZEMYSŁAW RADOMSKI , CFA for Sunshine Profits In my previous analyses, I emphasized that gold’s strength is most likely a momentary one, especially if we consider the USDX. Attesting to that are the invalidated gold...

Stocks to Rally along with Gold?

Stocks to Rally along with Gold? by PRZEMYSŁAW RADOMSKI, CFA for Sunshine Profits The stock market rebounded very nicely last week, and it even corrected more than 61.8% of the recent decline. Earlier this year, gold and stocks fell sharply...

Is Gold Market Going Back Into the 1970s?

Is Gold Market Going Back Into the 1970s? by ARKADIUSZ SIEROŃ , PHD for Sunshine Profits They say that time travels are impossible. But we just went back to the 1960s! At least in the field of the monetary policy....

Trump Recovered. What about Gold?

Trump Recovered. What about Gold? by ARKADIUSZ SIEROŃ, PHD for Sunshine Profits Donald Trump caught a coronavirus, but miraculously, he has already left the hospital in good shape. Unfortunately, gold didn’t show too much empathy about it. Oh boy, what...

A Slightly Weaker Dollar Tempering Gold’s Decline

A Slightly Weaker Dollar Tempering Gold’s Decline by PRZEMYSŁAW RADOMSKI, CFA for Sunshine Profits Very little has changed on the precious metals market since yesterday, and practically everything that we wrote in yesterday’s extensive analysis remains valid. For that reason,...