Sunshine Profits

Przemyslaw Radomski is the founder, owner and the main editor of www.SunshineProfits.com. Being passionately curious about the market’s behavior he uses his statistical and financial background to question the common views and profit on the misconceptions. “Don’t fight the emotionality on the market – take advantage of it!” is one of his favorite mottos. His time is divided mainly to analyzing various markets with emphasis on the precious metals, managing his own portfolio, writing commentaries, essays and developing financial software. Most of the time he’s got left is spent on reading everything he can about the markets, psychology, philosophy and statistics. Mr. Radomski has started investigating the markets for his private use well before starting his professional career. He used to work as an informatics consultant, but this time-consuming profession left him little time for his true passion – the interdisciplinary market analysis. Establishing www.SunshineProfits.com gave him the opportunity to put his thoughts, ideas, and experience into form available to other investors. Two of the unique features available exclusively to Sunshine Profits' Premium Service's Subscribers are interactive tools and charts. The effects of Mr. Radomski's research are available in the most up-to-date version ensuring tailor-made results through these distinctive features. In order to subscribe please visit: http://www.sunshineprofits.com/amember/signup.php

Yuan and gold

In the previous editions of the Market Overview, we have already analyzed the relationship between gold and some major world currencies, ... but what is the link between the Chinese yuan (officially: renminbi) and the yellow metal?

Room for further gold price declines until Fed sends dovish signal

Gold’s reactions to geopolitical developments, including these about the country ruled by the Kim dynasty, are usually merely short-lived and limited.

Is it worth investing in palladium?

Palladium is another element with great importance to the modern economy, but it’s often overshadowed by the other more famous and expensive precious metals.

Has gold production peaked?

We often hear about ‘peak gold’, i.e. the maximum level of the global production of the yellow metal.

EUR/JPY exchange rate and gold

Some analysts claim that the cross rate between the euro and the yen affects the price of gold (the term “cross” meaning here that the quote does not involve the U.S. dollar). Are they right? Let’s see the chart below and check it out.

The end of reflation? Implications for gold

We now see signs that reflation is weakening. What happened and what are the implications for the gold market?

French elections, Brexit and gold

The main developments in Europe which may affect the gold market – except the turmoil in the still fragile banking sector – are a run-off in France and Brexit. Let’s analyze them and their potential impact on the gold prices.

Gold – Bottom or Breakdown?

This past week we saw gold have its biggest two-day drop since February of last year ending the third longest streak of trading above its 50-day that the yellow metal has had since 2000. The first streak ended in 2002 with 124 trading days and the second in 2008 with 143 trading days. No bull market goes up in a straight line.

Consolidation in Precious Metals – Range-bound Gold:Silver Ratio

The full version of our analysis (with comments particularly valuable for Precious Metals Traders) is available to our Subscribers. Having dwelt a lot on the topic of the gold:silver ratio from a technical and quantitative standpoint in our […]

Municipal Debt Threatens US Economy

The full version of our analysis (with comments particularly valuable for Precious Metals Traders) is available to our Subscribers. The debt crisis that has taken down banks and even countries threatens more than 100 American municipalities this […]

Gold Ends the Year in a Bullish Fashion – What’s Next?

This essay is based on the Premium Update posted on December 30th, 2010 It's instructive to look at the end of the year financial magazines and see their analysis of the past year and their projections […]

No Signs of a Gold Bubble Despite Record Advances in 2010

This essay is based on the Premium Update posted on December 22nd, 2010 History has been peppered with financial bubbles and we’ll get to that, but first, is gold in a bubble? So far it's been […]

Changes on the General Stock Market – Will Silver Decline?

The past week has failed to provide clear signals in most markets worldwide. Perhaps the uncertainty of the financial stability of several European countries further compounded by normal holiday and year-end influences have thus far […]

Silver Outperforms Gold – Profit! Silver Underperform Gold – Profit Again!

The full version of our analysis (with comments particularly valuable for Precious Metals Traders) is available to our Subscribers. In our earlier essay, we saw how the silver-gold pair is ideal to bet on for mean reversion. We […]

Mining Stocks Finally Appear to Have Resumed Their Upward Trend

In our previous essay we've covered the situation on the gold market, however since rallies (and declines) often correspond to the rallies (and declines) in the mining stocks, this time we will focus on the latter […]

Gold's Gleam Will Not Fade Away Because of the Current Decline

This essay is based on the Premium Update posted on December 10th, 2010 We picked up the Asian addition of The Wall Street Journal this week and on the back page was an article titled “China […]

What to Look for in the Gold-Silver Ratio

The full version of our analysis (with comments particularly valuable for Precious Metals Traders) is available to our Subscribers. The gold-silver ratio is perhaps one of the first indicators traders looked at to comprehend the state of the […]

Gold's and Silver's Ability to Rise Regardless of Other Markets

Even though we have posted our previous essay just a few days ago, much happened since that time, so without further introduction we will dive right into the USD Index chart (charts courtesy of http://stockcharts.com.)

Depleting Faith in Currency to Drive Gold Bull Run

This essay is based on the Premium Update posted on December 1st, 2010 There is a good reason why the U.S. government prints the phrase “In God We Trust” on the currency. You have to have […]

China’s Emphasis on Construction Bullish for Long-term Growth

The full version of our analysis (with comments particularly valuable for Precious Metals Traders) is available to our Subscribers. In an earlier article we saw the might of China’s residential sector. An examination of the non-residential sector and […]

Unlike Gold – Stimulus Is Effective Only Under Certain Circumstances

This essay is based on the Premium Update posted on November 24th, 2010 A recently published paper that studied the stimulus efforts in 44 countries showed some interesting findings. Ethan Ilzetzki of the London School of Economics […]

Gold, Weaker Dollar, and US Exports

This essay is based on the Premium Update posted on November 19th, 2010 It’s no secret that the U.S. is borrowing too much, that China manipulates its currency and that Europe’s fiscal troubles are growing at […]

Interesting Times Ahead for Precious Metals Despite Signs of Fatigue

This essay is based on the Premium Update posted on November 12th, 2010 The biggest point of discussion over the past few days has been the relative strong performance of the US Dollar and its impact […]

Fall of the Mighty Dollar: Looking Back at the Credit Crunch

The full version of our analysis (with comments particularly valuable for Precious Metals Traders) is available to our Subscribers. When politicians and policy makers see an economic problem, especially one with the scale of the financial crisis […]

Monetary Reforms and Silver Consolidation

This essay is based on the Premium Update posted on November 12th, 2010 Now it's official! The yellow metal has gotten the golden seal of approval. This week none other than the President of the World […]