Sunshine Profits – Przemysław Radomski
by xiexgp | July 7, 2015 12:24 pm
I’ve been looking for a reasonably priced advisory service for oil[1], gas and metals and came across this site. There’s not much info on the internet about them but their site is pretty cool and they don’t seem to do the teaser thing. Anyone ever hear of these folks or have a great advisory service for these commodities? New member, love it. Thank you.
Endnotes:
- oil: https://www.stockgumshoe.com/tag/oil/
Source URL: https://www.stockgumshoe.com/2015/07/microblog-sunshine-profits-przemyslaw-radomski/
Which service do you have. I see they have several
I was gonna jump in for whole enchilada at $179/month. I likely will do the 21 days of oil alerts for $1 first and perhaps the 21 days of metal alerts too for another $1. Not entirely sure. They do a 7 day free trial, give them a look and let me know what you think. I’ve been too busy to jump in with full attention.
Keep us posted
There has to be a great option service out there for straight puts and calls. If anyone knows of one please post
If there is, it’s probably a small one — newsletters and trading services have a terrible time keeping their subscribers happy with options trades, because almost all options contracts are so thinly traded and illiquid that they can’t get more than a handful of readers in and out at the prices they like.
Over the years I have found that one of the best tracks records of oil and gas focussed newsletters is fellow Canadian Keith Schaefer who profiles only stocks he personally invests in that have made him a millionaire in recent years. He does not engage in the hyperbole of so many of the well known American blowhards of which I could name quite a few. The best of the American based newsletters with consistent high ratings over a decade from the Hulbert Digest is Outstanding Investments, and yes I am a subscriber. My only complaint is that most of the picks are too high priced for me to afford.
Update: The last few weeks Sunshine has absolutely killed it on the shorting gold, silver and the miners. They recommended DUST ( inverse 3x miner ETF ) in the high teens and it’s gone from $19ish to over $35 today. I love them. They offer 7 day free trials. Highly recommended.
I joined Sunshine Profits in 2014, and followed their recommendations in shorting gold. While the gold trend was down, it was easy to make money. But in October 2015, DUST peaked out at 23, even though they were forecasting it to be in the 30’s or 40’s. I held on, to my detriment, as DUST tanked, yet they still forecast Gold was going to drop to the $970 range. Then, all of a sudden, they reversed position, and the new forecast for DUST went into the teens. They flip flopped numerous times, until the forecast target for DUST was $7.00. I lost a lost of money, and cancelled my subscription. They really have no idea. You cannot trust their forecasts!!!!
He’s a loser. He advertises alerts and doesn’t provide any at all. We lost 50k listening to PR. Including list opportunities. He’s been short since July 2022
He is doing the same identical thing 5 years later. much money lost.FALSE predictions. something must be done to protect the public from this man.
These guys are dreadful. They keep raising their stops while their subs get crushed. Hubris at its best
Just do the opposite of what they say
We lost alot of money. He must be doing tghe opposite of what he tells paid subscribers to do
These guys are complete garbage. They set stop losses, hit them and then increase the level or stop out only to re-enter the next day. Rinse and Repeat. By my calculation, they’ve done this 6 times in a row over the last 6 months and have lost over 50%. Way better services out there. STAY AWAY
I lost 60% since October. They said the profits would be enormous month after month. I bought dust at $44 it’s down to $18. Theses guys are overly focused on technicals but pay no attention to politics.
Short take: Not recommended. (Metals only, I have had no experience with Bitcoin, Oil or Forex with him).
Interesting fellow that writes extremely well. I was a subscriber for many years made some, lost some, and eventually wiped out most of my “discretionary” money pot. On occasions he’d be right on–however the update came while I was on the way to work. Arriving at work, and bringing up my account–too late. This happened several times. 3x inverse funds are dynamite, and I knew the risks so no complaints on that.
Radomski has predicted gold falling below 1050 now for a very, very long time. The date of the fall just keeps being extended. Then, just as happened with Doug Casey (who I really profited from for awhile when they were in fundamental mine analysis and research) all of a sudden the price doubles, or quadruples and then there are “other” newsletters.
For very short term moves if I had money to give Radomski I think he’d do well. But not in the format of a subscription as updates frequently (at least that’s what happened to me) arrived late (sometimes just an hour or two late, but too late.).
I still watch and lately you can see that he still believes an eventual drop to below $1050 but appears to have given up on that, and now focuses on short term chart analysis.
I guess what I am most disappointed in is that Radomski has branched out into Bitcoin, Oil and Forex and the price has skyrocketed. His below $1050 prediction after what, two years? has not come to pass. He clearly believes that it eventually will, and that may be the case in a year or three but my discretionary pot of money has dropped ~80% and I’m no longer a subscriber.
And if gold hits $1050 X years from now, Radomski will thump his chest and say how great he is…..while disregarding the fact that he destroyed his subs’ accounts over the prior X+ years. Frankly the best thing that he could do for his subs’ is to close down the site! Also, no longer a sub.
These guys are terrible on the precious metals front. They clearly seem to have a bias on the bearish front and don’t honor stop losses at all– to the point that they’ve destroyed their subs’ portfolios. The fact that they have discounted their monthly “service” by 75% should tell you that their subs have left in droves….. AVOID THIS LIKE THE PLAGUE
Hi. So is there anyone you would recommend for gold predictions
Gary Savage. Smart Money Tracker.
I am surprised by the negative comments here. Przemyslaw Radomski analysis has been spot on over the last 6 months since I have been around. He proves the fundamental reasons for golds movements (interest rates) and even provides a way to predict interest rate movements using copper and Treasury yields. He then uses a relative ratio tracking technique to show how gold is doing relative to the USDollar and the miners. There is no longer any guesswork. He uses a purely rational approach based on fundamentals. Others do not believe there is any fundamental approach to understanding gold and that it is all bank manipulation. That is the height of intellectual laziness! Gold is going down down down since last August when Treasury yields bottomed and no-one else seems to know why or how to track it or profit from it. Well PR does! I started with their $1 special introduction. Did an additional month with his daily Gold Alert service and now am on his cheaper weekly summary gold service for the rest of the year ($80 a month). As you can tell I am very pleased with the service provided and highly recommend it to anyone who truly wants to learn what drives Gold and how to track it.
He disregards fundamentals and only focuses on technicals. A broken clock is right twice a day.
Just wait another couple of months, when the bearish streak ends, and you will be saying the same thing others have said for the last 6 years.
RE: Sunshine Profits: The best subscription for Precious Metals, not only what and when to buy/short BUT WHY, worth the price.
While reading commentary/opinion on a popular site, I happened to notice an article with a heading claiming “gold had just topped”. The heading caught my eye, because I was long gold miners. I noted who wrote the article ( Sunshine Profits) for future reference if indeed gold dropped in the near future. The very next day gold plunged along with my balance. I went back and read the article, and was impressed, so I signed up for the free trial, At the end of the trial I had no doubt that I wanted to subscribe, and now 4 months later, I could not be more satisfied, and my balance has increased substantially. I am grateful that I found Sunshine Profits, and I have every intention of continuing with it.
i have some comments about sunshine profits to share.I have been subscribing to news letters for the last 30 years ; Different once, cheap and expensive , relevant and irrelevant hoping to get to the one that is humane, with clear communication and guidelines. This is the only service that has been their for me all the time. Thre is a human being at the other end of the line that communicates with you on time and does not put you through the obligation of adding more money in order to get a simple most of the time useless response. I am very happy with Sunshine profits ,they are efficient, effective, timely and catered to the customer rather than to his credit card.
Why doesn’t he show his performance?? The last time it was updated was like 2015. He’s way too cocky and dismissive for me. Also, if you’ve been with Sunshine for more than the last 2 years, you would have gotten your head handed to you. As such, my guess is that you’ve joined in the last 12 months when the perma-bear position has been a winner. No?
I like the manner in which Sunshine Profits makes their investment cases. I would describe this succinctly as: Great punchy summary which is easily digestible.