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| Sprott Money |
The Secret of Wealth Preservation - Jeff Nielson |
We have a failure to communicate. The vast
majority of the investment public in the Western world has no understanding –
at all – about how to preserve and protect their wealth. Of the minority of the
investment community with some understanding of wealth preservation, almost
invariably it is a flawed understanding.
Understanding wealth preservation begins
with having a detailed and correct understanding of
“money”.
Understanding money begins with correctly comprehending the difference betweWednesday, December 23, 2020 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Stocks Set to Open Lower, Should You Buy |
The U.S. stock market indexes were mixed between 0.0% and +0.3% on Friday, extending their short-term consolidation, as investors were undecided after recent move down. The S&P 500 index gained 0.2% and it remained at the support level of previous Friday's daily gap up. It currently trades 4.5% below January 26 record high of 2,872.87. The Dow Jones Industrial Average was relatively stronger than the broad stock market, as it gained 0.3%, and the technology Nasdaq Composite was unchanged.The neaTuesday, March 20, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Is the Economic Summer Coming |
Cycles, cycles everywhere. We’ve already discussed the current state of the U.S. business cycle, arguing that the expansion should last for a while, although it is more advanced than in Europe. However, business cycles aren’t the only creatures living in an economic zoo. They are simply the most popular within the modern macroeconomics. The post-war business cycles lasted, on average, almost 6 years. But economists distinguished also shorter cycles, called Kitchin inventory cycles, which are belSaturday, March 17, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Crude Oil – Who Wants the Triangle |
On Thursday crude oil wavered between small gains and losses, but finished the day only 23 cents above Wednesday closing price. Such small daily changes that we observe recently don’t look too encouraging for oil bulls or for the bears. However, to dispel boredom, we rummaged deeper in the charts and we found something that may interest both sides of the market’s battle. Curious?
Nevertheless, before we get to our little surprise, we would like to draw your attention to news from the IEA. YesterSaturday, March 17, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Are We Going to $1,120 or $1,510 No Matter What, Own Some Gold! |
Who will win: bulls or bears? The LBMA published its annual forecast survey for precious metals prices in 2018. Gold prices range from $1,120 to $1,510. Where is the price of the yellow metal headed?
Summary of the Survey
The views of about 30 analysts in the 2018 forecasts are strongly divergent. The average price of gold is projected to be $1,318, so it is expected to be around the current level, but almost 5 percent higher than the last year’s average of $1,257.12. However, the average gold pFriday, March 16, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
EUR/USD – Something Old, Something New and… Something Blue |
Since the beginning of the month all battles between bulls and bears run in a fairly narrow area, which unfortunately doesn’t create good investment opportunities. In today's alert, we looked at the broader perspective of EUR/USD and the USD Index itself, and we already have our own types where we will likely open next positions. If you do not want to miss the levels that we think about, take a look at our today's analysis.
EUR/USD
From today’s point of view, we see that the situation in the Friday, March 16, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
$10 Move in Crude Oil in Just 1 Month Impossible vs. “I’m Possible” |
Sounds crazy, right? But from time to time crazy is something that does indeed take place, and these are the times when the prepared are much more profitable than those who were caught with their guard down. There is one analogy that points to the possibility of seeing such a big move in the price of crude oil. What if?
Yesterday, the U.S. Energy Information Administration showed that crude oil inventories rose less than analysts had forecast. Was that a bullish news? In our opinion, absolutely Friday, March 9, 2018 |
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| Jordan Roy Byrne - The Daily Gold |
Gold Stocks and Silver Oversold but Not Gold |
The precious metals sector continues to correct and consolidate. Gold remains in a bullish consolidation. It recently reached resistance again and even though it has failed to breakout, it remains above long-term moving averages which are sloping upward. However, the gold stocks and Silver remain in correction mode. They are trading below the long-term moving averages and at the lower end of their ranges over the past 12 months. That certainly provides an opportunity, but these markets may not tWednesday, March 7, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Is Another Opportunity on Forex Market Lurking Just Around the Corner |
The combination of several resistances turned out to be a too big challenge for the buyers at the end of the previous week, which resulted in a decline in the greenback on the following days. Does it mean that another profitable opportunity may be just around the corner?
EUR/USD and Bullish Formation
On Friday, we wrote the following:
The first thing that catches the eye on the above chart is an invalidation of the tiny breakdown under the 38.2% Fibonacci retracement and the green zone. YeTuesday, March 6, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Friday's Bounce Gave Bulls Some Hope, Stocks at a Crossroads, or a Cliff |
The main U.S. stock market indexes were mixed between -0.3% and +1.1% vs. their Thursday's closing prices on Friday, following lower opening of the trading session and an intraday bounce off support levels. The S&P 500 index closed 0.5% higher, and it is currently trading 6.3% below January 26 record high of 2,872.87. The Dow Jones Industrial Average lost 0.3%, as it was relatively weaker than the broad stock market again and the technology Nasdaq Composite gained 1.1% on Friday.The nearest impoTuesday, March 6, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Euro, Cable and Aussie - The Reward for Patience |
February was the best month for the U.S. dollar since October. Nevertheless, what goes up must fall someday. Yesterday, the gravity caught the greenback after President Donald Trump said the country will impose tariffs on steel and aluminum imports. As a result, the USD Index reversed and declined, supporting our three currency pairs. Will yesterday’s news kill the greenback’s rally in the coming days?
Analyzing the charts after yesterday’s session we noticed several disturbing factors, which caSaturday, March 3, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Crude Oil – It Smells Like… Profits |
Although oil bulls pushed black gold higher after yesterday market’s open, their triumph was very short-lived. Looking at the daily chart, it even tempts to say that their rally took place on an empty tank. Why? Because thanks to yesterday’s decline oil bears not only made short positions more profitable, but also gained next pieces to their puzzle. Let's check them together in today's alert.
Today's alert will start a little differently than usual, because we will take you on a small journey toFriday, March 2, 2018 |
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| Bill Downey - Commodity Trader |
The Price Point In Gold to remember for 2018 |
The Reason for Gold
Over the long term, value, wealth, and money perception shifts from hard assets to paper assets and from Public to Private. There’s hard cash (metal) and cold cash (paper). Historically, paper has always failed. Odds favor the shift back to hard assets as value and wealth will occur due to a coming debt default and currency crisis.
There is only one event that can explain where we are today.
The most important event of the 20th century was taking the reserve currency off tThursday, March 1, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Gold Stocks Break Down below 2017 and 2018 Lows! |
The HUI Index just closed below both 2017 and 2018 lows. The interpretations of many developments in the market are vague and subjective. But not major breakdowns. Gold miners just showed exceptional weakness by closing at new lows even though gold is still above $1,300 and the S&P corrected more than half of its recent sharp decline. Can anything save the precious metals sector from falling further?
Yes, but based on what happened yesterday, it seems that the golden Superman may have some troubThursday, March 1, 2018 |
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| Jordan Roy Byrne - The Daily Gold |
Here’s What Gold is Waiting For |
Gold was well bid during the equity correction but it could not breakout then and has retreated as equities have roared back. As a result, the Gold to stocks ratio has retraced most of its recent surge. Meanwhile, the US Dollar has rebounded and the oversold and overhated bond market could be starting a rally. The recent rise in long-term bond yields which has benefitted Gold appears due for a pause or correction. Meanwhile, Gold could also correct and consolidate as it waits for a breakout in lWednesday, February 28, 2018 |
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| Stewart Thomson - Graceland Update |
Gold: The Intense Battle For $1370 |
For the past fifteen months or so, gold has repeatedly been turned back by immense technical resistance in the $1370 area.
This is the daily gold chart.
There have been three clear attempts to push through the $1370 area since November of 2016. The first two failed miserably, but the current move looks much more positive.
During the latest pullback from $1370, the bears have only managed to push the price modestly lower, to my key buy zone at $1310.
The gold price promptly leaped higher asTuesday, February 27, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Stocks Who Cares You Should Worry about Something Else! |
Investors are still worried about the stock market. It’s quite understandable, given the recent correction, but it draws their attention away from the really important developments. Let’s analyze the hidden threats and consider how they could affect the gold prices.
It’s Bonds, Stupid!
Let’s establish one thing at the beginning. The bond market is more important than the stock market. First, it’s significantly bigger. The global bond market exceeds $100 trillion, while the global stock market isTuesday, February 27, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Relationship Between Crude Oil and U.S. Dollar in February 2018 |
On Thursday, the price of black gold moved higher after the EIA weekly report showed an unexpected decline in crude oil inventories. Is this one bullish factor strong enough to push light crude higher in the following days? What did the buyers miss?
Yesterday, the Energy Information Administration reported that crude oil inventories declined by 1.6 million barrels in the week ended Feb. 16, beating expectations for a gain of around 1.8 million barrels. This first in four weeks decline in crude oSaturday, February 24, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Why Recent Lows Are Crucial for Greenback |
Since Friday, the USD Index extends increases and makes up for lost points. Looking at the daily chart you can even conclude that the bulls use every opportunity to push away their opponents from the recent lows. Why are they so important to them? We took a closer look at the situation and we already know the Achilles’ heel of the bulls. Do you also want to know it? We invite you to read today's alert.
Focus on the USD Index
Before we analyze the recent changes in our currency pairs, we decided Friday, February 23, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Gold Bulls, Brace Yourselves – Fed Hikes Are Coming! |
Are they? As usual, the FOMC minutes provoked diverse interpretations, both dovish and hawkish. Let’s analyze them, separating the wheat from the chaff. What do the recent minutes really mean for the gold market?
Hawks Attack Bullion
We have long warned investors about the hawkish treat. For example, as early as in the October edition of the Market Overview, we wrote that the Fed under Powell could be more hawkish than under Yellen. In December, after Powell’s nomination, we elaborated on our stFriday, February 23, 2018 |
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