Przemyslaw Radomski, CFA - Comments
Founder, Golden Meadow
As a CFA charterholder, Radomski shares the highest standards of education, ethics, and professional excellence for the ultimate benefit of society. He also holds a masters degree in Finance and Banking, and is currently writing his thesis after having finished his PhD studies in ...more
Latest Comments
It’s The USDX’s Déjà Vu Moment
3 years ago

I'm not commenting on M2 in this article at all. That's a bearish factor, of course. Not something that's likely to move the market in the short run (more than it already did), though. Also, it doesn't change the picture for the Eurozone or Japan and let's keep in mind that the USD Index and currency exchange rates move on a relative basis. In other words, out of all the ugly things (fiat currencies), the USD might still be one of the best looking ones.

Gold Miners: Corrections Are Normal
3 years ago

Thank you, Fiona, I greatly appreciate your comments and I'm very happy that you enjoy the results of my work.

In this article: GDX, GDXJ
A Climbing USDX Means Gold Investors Should Care
3 years ago

It is indeed a useful indicator, but "one swallow doesn't make a summer". Miners' "strength" should be visible for at least several days before it really tells us something meaningful. I'll elaborate more in today's premium analysis.

Two Signs That Confirm A Bearish Outlook
3 years ago

Thank you and welcome aboard!

In this article: GDX
Gold Miners: Why Apparent Strength Is Just A Facade
3 years ago

Yes, well, that's a quite short way to put it, but in general that's my opinion on the current situation in this part of the precious metals market.

Looking At Gold's And Miners’ Next Moves
3 years ago

Thank you and welcome aboard! I'm very happy to read that you're enjoying the results of our work. As for the triangle-vertex-based reversals, I think there was something about them also on Thomas Bulkowski's site http://thepatternsite.com but I can't find the exact page right now. I'm also (still) fascinated by this technique. Just like Fibonacci extensions, it doesn't seem (logically) to make that much sense for them to work... But they do - over and over again.

In this article: GDX
Looking At Gold's And Miners’ Next Moves
3 years ago

None that would be useful as near-term a stop-loss, if that's what you mean. A bigger rally from here would make me re-evaluate everything, though. The change in my outlook will depend on more factors than just the price of gold.

In this article: GDX
History Rhymes: Does USDX’s Uprising Mean Gold’s Climax?
3 years ago

The base was longer in 2017-2018, but so was the preceding decline - they were proportional. But as you wrote, we'll see.

How Euro’s Troubles Can Exacerbate Gold’s Woes
3 years ago

We'll see. So far, the markets were expecting another Operation Twist and they didn't get it (and gold declined in the aftermath).

3… 2… 1… Let The Corrective Rally Begin
3 years ago

I'm still bullish for the very long term, but it now seems likely to me that the next short-term move will be down.

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