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PRECIOUS METALS (US $)
Gold 1173.80-24.80
Silver 16.15-0.33
Platinum 1232.20-6.10
Palladium 780.754.85
WORLD MARKETS
DOWJONES 17195227
NASDAQ 456617
NIKKEI 16414756
ASX 550548
CAC 40 422281
DAX 9274159
HUI 165-13
XAU 68-5
CURRENCIES (€)
AUS $ 1.4255
CAN $ 1.4086
US $ 1.2582
GBP (£) 0.7859
Sw Fr 1.2063
YEN 140.6450
CURRENCIES ($)
AUS $ 1.1331
CAN $ 1.1196
Euro 0.7948
GBP (£) 0.6247
Sw Fr 0.9587
YEN 111.7830
RATIOS & INDEXES
Gold / Silver72.68
Gold / Oil14.69
Dowjones / Gold14.65
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Copper 3.120.01
WTI Oil 79.91-0.61
Nat. Gas 3.72-0.01
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In the last 24 hours
Przemyslaw Radomski CFA - SunshineProfits
Gold & Silver Trading Alert: Gold Declines Once Again As Expected
Gold & Silver Trading Alert originally sent to subscribers on October 30, 2014, 7:01 AM. Briefly: In our opinion speculative short positions (full) in gold, silver and mining stocks are justified from the risk/reward perspective. Gold and mining stocks declined yesterday in a rather profound way. The GDX ETF finally broke below its 2013 lows and the volume that corresponded to this action was high. However, silver almost didn’t react – why didn’t it? Will we see a rally shortly? In short, not
Friday, October 31, 2014
Jeb Handwerger - GoldStockTrades
Buying Opportunity In Junior Miners Comes Once Every Six Years
Risk taking is a natural part of life, especially in the capitalist system where the greater the risk, the increased potential reward. The TSX Venture Index which is made of the Canadian start ups in junior mining and high tech is hitting lows not seen since 2002 and the 2008 Credit Crisis. Investors are now risk adverse, but as the charts shows below that could change. The US economy has stabilized, however Japan and the Eurozone are struggling as well as many emerging economies. Desp
Thursday, October 30, 2014
More than 24 hours ago
Przemyslaw Radomski CFA - SunshineProfits
Oil Trading Alert: Crude Oil – Has Anything Changed?
Oil Trading Alert originally sent to subscribers on October 29, 2014, 11:13 AM. Trading position (short-term; our opinion): No positions. On Tuesday, crude oil gained 1.13% as weaker U.S. dollar supported the price. In this way, the commodity bounced off a multi-month low and closed the day above $81. Did this upswing changed the very short-term outlook? Yesterday, the Commerce Department showed that durable goods orders fell 1.3% in the previous month, disappointing expectations for a 0.5% i
Thursday, October 30, 2014
Przemyslaw Radomski CFA - SunshineProfits
Forex Trading Alert: How Low Could USD/CAD Go? 
Forex Trading Alert originally sent to subscribers on October 28, 2014, 12:23 PM. Earlier today, the Commerce Department showed that durable goods orders fell 1.3% in the previous month, missing expectations for a 0.5% increase. Core durable goods orders (without volatile transportation items) dropped 0.2% in September, which was the largest decline in eight months. Thanks to these bearish numbers, the USD/CAD pair declined sharply, slipping below the last week’s low. Where could currency bulls
Wednesday, October 29, 2014
Przemyslaw Radomski CFA - SunshineProfits
Bitcoin Trading Alert: Bitcoin in Narrow Range, Might Not Be for Long
Bitcoin Trading Alert originally sent to subscribers on October 28, 2014, 12:18 PM. To the point: no speculative positions. Bitcoin companies are already working on various issues regarding regulatory compliance. Arthur Levitt, a former SEC chairman, is now advising two Bitcoin-related companies, we read on the Wall Street Journal Website: Arthur Levitt, the longest-serving chairman of the Securities and Exchange Commission, is joining the advisory boards of two bitcoin-focused companies. A
Wednesday, October 29, 2014
Przemyslaw Radomski CFA - SunshineProfits
Oil Trading Alert: Crude Oil - Sinking Or Rebounding?
Oil Trading Alert originally sent to subscribers on October 27, 2014, 11:35 AM. Trading position (short-term; our opinion): No positions. On Friday, crude oil lost 0.68% as concerns over a global oversupply continued to weigh. Additionally, soft U.S. housing data pushed the commodity below $82 per barrel. Will we see another test of the strength of the psychologically important level of $80? Although crude oil moved sharply on Thursday on news that Saudi Arabia cut its supply to the market i
Tuesday, October 28, 2014
Przemyslaw Radomski CFA - SunshineProfits
Does Gold Always Respond to Real Interest Rates?
Generally, the real interest rates are negatively correlated with the gold price, i.e. the rising interest rates adversely impact the yellow metal. Based on this adverse relationship between real interest rates and price of gold, Elfenbein built a model for the price of gold. According to it, whenever the dollar’s real short-term interest rate is below 2%, gold rallies, and whenever the real short-term rate is above 2%, the price of gold falls. Another rule of thumb is that gold moves eight time
Tuesday, October 28, 2014
Przemyslaw Radomski CFA - SunshineProfits
Stock Trading Alert: Mixed Expectations Following Last Week’s Bounce - Will Uptrend Extend?
Stock Trading Alert originally sent to subscribers on October 27, 2014, 6:57 AM. Briefly: In our opinion, speculative short positions are favored (with stop-loss at 1,975 and profit target at 1,875, S&P 500 index). Our intraday outlook is bearish, and our short-term outlook is bearish: Intraday (next 24 hours) outlook: bearish Short-term (next 1-2 weeks) outlook: bearish Medium-term (next 1-3 months) outlook: neutral Long-term outlook (next year): bullish The U.S. stock market indexes gained
Monday, October 27, 2014
Warren Bevan - Precious Metals Stock Review
Markets And Metals Are Ready But They Will Diverge
By Warren BevanMarkets have been very strong and have a solid low now in place but they do need a little rest since they have come so far so fast and are now overbought.I’ve already identified the leading sectors for member and the stocks within which do best are also well known to us already.It is almost time to get heavy into stocks once again for the run into the end of the year.As for the metals, they are broken and can’t even base after a strong move lower.The metals are just about ready to
Monday, October 27, 2014
Jordan Roy Byrne - The Daily Gold
Gold Rebounds but Gold Miners Struggle
Several weeks ago the entire precious metals space was extremely oversold and due for at the least, a reflex rally. Gold was down in nine of twelve weeks with Silver down in eleven of those twelve weeks. The miners experienced a nasty September and were down five consecutive weeks. With Gold rallying from $1185 to $1255, we would expect Silver and the mining stocks to rebound strongly in percentage terms. However, those markets have lagged Gold badly. The mining stocks are essentiall
Sunday, October 26, 2014
Przemyslaw Radomski CFA - SunshineProfits
Bitcoin Trading Alert: Decline Stopped, Possibly Temporarily
Bitcoin Trading Alert originally sent to subscribers on October 24, 2014, 11:27 AM. In short: no speculative positions. CeX, a British second hand goods chain, is starting to accept Bitcoin, we read on CoinDesk: Technology exchange and retailer CeX is set to become the first high street retailer in the United Kingdom to integrate bitcoin payments nationwide. CeX will roll out bitcoin payments at 30 of its 266 UK stores beginning today. More stores will join the initial group in coming weeks
Sunday, October 26, 2014
Przemyslaw Radomski CFA - SunshineProfits
Forex Trading Alert: USD/JPY – Currency Bulls In Charge
Forex Trading Alert originally sent to subscribers on October 23, 2014, 1:38 PM. Earlier today, the Department of Labor showed that the four-week average of the initial jobless claims fell to the lowest level since May 2000. In response, the U.S. dollar moved higher and climbed to a two week high against the weaker yen. How did this move change the very short-term picture? In our opinion the following forex trading positions are justified - summary: EUR/USD: noneGBP/USD: noneUSD/JPY: noneUSD
Saturday, October 25, 2014
Przemyslaw Radomski CFA - SunshineProfits
Stock Trading Alert: Uncertainty Following Sharp Rebound As Investors Take Short-Term Profits
Stock Trading Alert originally sent to subscribers on October 23, 2014, 6:58 AM. Briefly: In our opinion, speculative short positions are favored (with stop-loss at 1,975 and profit target at 1,875, S&P 500 index). Our intraday outlook is now bearish, and our short-term outlook is bearish: Intraday (next 24 hours) outlook: bearish Short-term (next 1-2 weeks) outlook: bearish Medium-term (next 1-3 months) outlook: neutral Long-term outlook (next year): bullish The U.S stock market indexes los
Saturday, October 25, 2014
Chris Ciovacco - Ciovacco Capital Management
Is The Fed Altering Asset Prices?
Fed Is One Of Many Elements In Market's Structure Markets are never driven by any single factor at any moment in time. Asset prices are impacted by an almost limitless amount of inputs including Fed policy, earnings, valuations, geopolitical events, supply, demand, conviction, greed, and fear. The Fed And ECB Are Important Factors Central banks, including the Fed and European Central Bank (ECB), can alter the supply of money, provide loans to struggling banks, and even pick winners
Friday, October 24, 2014
Clif Droke
The inevitability of QE
A swan dive in commodity prices followed by the latest stock market correction has investors talking about the “D word” once again.  References to deflation abound in the news while economists seriously discuss the possibility of a global economic recession.  What, they ask, will it take to arrest the slowdown in the euro zone and China and prevent its coming to U.S. shores?  Why central bank intervention, of course!One of the dominant themes of 2014 has been the unwinding of the U.S. Federal Re
Friday, October 24, 2014
Przemyslaw Radomski CFA - SunshineProfits
Oil Trading Alert: Crude Oil - Has Anything Changed?
Oil Trading Alert originally sent to subscribers on October 22, 2014, 9:37 AM. Trading position (short-term; our opinion): No positions. Although crude oil started yesterday’s session almost $1 below Monday’s closing price, the commodity rebounded in the following hours supported by solid Chinese and U.S. data. Did this increase change the very short-term picture? Yesterday, official data showed that China’s economy grew at an annual rate of 7.3% in the three months to September, slightly hig
Thursday, October 23, 2014
Chris Ciovacco - Ciovacco Capital Management
Stocks: Is It Time To Get Back In?
On October 13 we referred to the chart below as the most important chart on Wall Street. The gains in stocks over the past four sessions have allowed the broad NYSE Composite Index to push back above the important 10,301 level. Why Is The Chart Helpful? Between mid-2007 and early 2014, the stock market made no progress. The NYSE Composite was trading at 10,301 in 2007 and it hit 10,301 again in early 2014. The lack of progress, or period of consolidation, speaks to investor c
Thursday, October 23, 2014
Przemyslaw Radomski CFA - SunshineProfits
Forex Trading Alert: USD/CAD - At Crossroads
Earlier today, the National Association of Realtors showed that sales of previously owned homes climbed 2.4% from a month earlier to a seasonally adjusted annual rate of 5.17 million in September. These solid numbers supported the greenback and pushed the USD/CAD pair to the important short-term support. Will it be strong enough to push the exchange rate higher? In our opinion the following forex trading positions are justified - summary: EUR/USD: long (stop-loss order: 1.2560; initial price
Wednesday, October 22, 2014
Przemyslaw Radomski CFA - SunshineProfits
Gold & Silver Trading Alert: How Will We Know That the Bottom Is In?
Gold & Silver Trading Alert originally sent to subscribers on October 21, 2014, 6:46 AM. Briefly: In our opinion speculative long positions (half) in gold, silver and mining stocks are justified from the risk/reward perspective. Yesterday, gold closed higher than it did in the previous several weeks, which seems like a very bullish development for the entire precious metals market until one realizes that miners are still close to their most recent lows. In short, in our opinion, the answer to
Wednesday, October 22, 2014
Przemyslaw Radomski CFA - SunshineProfits
Bitcoin Trading Alert: Bitcoin Goes up and down
Bitcoin Trading Alert originally sent to subscribers on October 21, 2014, 10:18 AM. In short: no speculative positions. Coinbase’s co-founder Brian Armstrong has highlighted the difficulties in convincing the banks to work with Bitcoin businesses in a conversation with the Telegraph, we read on the paper’s website: Originally launched in the US, it [Coinbase] recently announced that it had secured banking and regulatory approval to launch in Europe, opening its services up to 18 new markets.
Tuesday, October 21, 2014
Chris Ciovacco - Ciovacco Capital Management
Stock Rally Faces Important Test
Earnings Help Revive Equity Interest The market has been looking for some good news. While IBM had a big miss Monday, the overall picture for earnings has been encouraging. From Bloomberg: Profit for S&P 500 companies probably rose 5.9 percent in the third quarter -- a forecast that's been revised upward from an increase of 4.8 percent as of Oct. 10 -- and sales increased 4 percent, according to analysts' projections compiled by Bloomberg. Rally Still Has Work To Do Thi
Tuesday, October 21, 2014
Przemyslaw Radomski CFA - SunshineProfits
Stock Trading Alert: Stocks Rebounded Following Recent Sell-Off, But Will It Last?
Stock Trading Alert originally sent to subscribers on October 20, 2014, 6:42 AM. Briefly: In our opinion, no speculative positions are justified at this moment. Our intraday outlook is neutral, and our short-term outlook is neutral: Intraday (next 24 hours) outlook: neutral Short-term (next 1-2 weeks) outlook: neutral Medium-term (next 1-3 months) outlook: neutral Long-term outlook (next year): bullish The U.S. stock market indexes gained between 1.3% and 1.6% on Friday, retracing some of th
Tuesday, October 21, 2014
Przemyslaw Radomski CFA - SunshineProfits
Oil Trading Alert: Is Current Rise in Crude Oil Reliable?
Oil Trading Alert originally sent to subscribers on October 20, 2014, 9:19 AM. Trading position (short-term; our opinion): No positions. On Friday, crude oil climbed above $84 supported by upbeat U.S. data. Despite this increase, light crude gave up gains and finally lost 0.19% as concerns over bigger-than-expected increase in crude oil inventories continued to weight. Will we see a rebound in this environment? On Friday, the Census Bureau showed that U.S. building permits rose 1.5% in Septem
Tuesday, October 21, 2014
Przemyslaw Radomski CFA - SunshineProfits
Gold and Real Interest Rate
During the last boom, the gold price was stubbornly rising, but inflation was low. Not surprisingly the relationship between real interest rates (nominal interest rates less inflation) and gold increasingly attracted more and more interest. If gold responds mainly to the real interest rate, it makes its inflation hedge character questionable. This was the opinion of, for example, Paul Krugman, a Nobel Laureate in economics. Krugman claimed that the reason behind the high real price of gold until
Monday, October 20, 2014
Florian Grummes - The Silver GoldSpot
Gold and Silver 
Personal note: I have been invited to speak at the Mines and Money London Conference on December the 2nd 2014. My presentation is called "What is the influence of ETFs on gold and silver?" If you would like to join you can receive 25% off your delegate pass by using my discount code: ML875SPK. Update 19th of october 2014 Review: In my last analysis from 7th of September I though that Gold would hold up well above the US1,240.20 level. Obviously I was wrong as Gold had a te
Monday, October 20, 2014
Warren Bevan - Precious Metals Stock Review
Chop For Metals And Blood For Markets
By Warren BevanA wild, tough week that saw some major declines and large swings.I did say here last week that “Cash is the most important position to take at times and now is that time.”Subscribers get much more detailed information on a nightly basis and we did hit a few shorts this past week that worked, but only in small size.At times like this, being able to sit mostly in cash and avoid the pain is a huge win.So many people do well in strong markets but can’t sit out the tough times and end
Sunday, October 19, 2014
Jordan Roy Byrne - The Daily Gold
Leading Indicators for Gold's Turnaround
Gold is currently getting a reprieve as it trades close to $1240 which is above important weekly support at $1200. It's safe for the time being but we believe that Gold will ultimately break back below $1200 and below $1100 before the end of the already long in the tooth bear market. Because Gold is somewhat of an anti-asset, it's important to chart its course against other asset classes. Gold performs best when its strong against all other classes. Moreover, prior to recent importan
Saturday, October 18, 2014
Przemyslaw Radomski CFA - SunshineProfits
Bitcoin Trading Alert: Bitcoin to Move to $350?
Bitcoin Trading Alert originally sent to subscribers on October 17, 2014, 11:07 AM. Briefly: no speculative positions. Marc Andreessen, founder of Netscape and, currently, founder and partner at Andreessen Horowitz, a venture capital firm invested in Bitcoin startups, expressed his views on Bitcoin and Apple Pay, we read on CoinDesk: Apple Pay is the next big thing that’s “freaking out” financial services companies right now, but, in the long term, bitcoin will prove to be the real innovation
Saturday, October 18, 2014
Przemyslaw Radomski CFA - SunshineProfits
Stock Trading Alert: Negative Expectations As Investors Continue To Worry – Will Downtrend Extend Ev
Stock Trading Alert originally sent to subscribers on October 16, 2014, 6:03 AM. Briefly: In our opinion, no speculative positions are justified at this moment. Our intraday outlook is neutral, and our short-term outlook is neutral: Intraday (next 24 hours) outlook: neutral Short-term (next 1-2 weeks) outlook: neutral Medium-term (next 1-3 months) outlook: neutral Long-term outlook (next year): bullish The U.S. stock market indexes lost between 0.6% and 1.1% on Wednesday, extending their rec
Friday, October 17, 2014
Przemyslaw Radomski CFA - SunshineProfits
Forex Trading Alert: How High Could USD/CAD Go?
Forex Trading Alert originally sent to subscribers on October 16, 2014, 8:43 AM. Although the U.S. dollar moved lower against most of major currency pairs after disappointing economic data yesterday, we didn’t notice such price action in the case of the USD/CAD. Therefore, we decided to take a closer look at USD/CAD in today’s Forex Trading Alert. Will yesterday’s increase trigger further rally? In our opinion the following forex trading positions are justified - summary: EUR/USD: long (sto
Friday, October 17, 2014

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