Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Laureates

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With Obama in the news for his receipt of the Nobel Peace Prize (and his rushed exit from Norway, which isn't winning him a lot of friends over there), I thought I'd do a quick review of some notable laureates and their achievements:

Aung San Suu Kyi – Courageously defiant in the face of one of the world's most oppressive and evil governments; under house arrest for years on end. Plus, sorry, she's kind of a babe (how many 64 year olds do you know that look like this?)

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Nelson Mandela – Imprisoned for 27 years under horrific conditions; steadfastly opposed the wicked apartheid system; a world-class hero.

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14th Dalai Lama – another bold leader who does not bow down to the tyrannical government of China (where, by the way, I've been told this very blog has been banned – – which I consider a badge of honor).

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Mikhail Gorbachev – partnering (consciously or not) with Reagan, peacefully guided the USSR to its breakup and brought an end to the cold war.

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Lech Wałęsa – freedom's champion and the leader of the solidarity movement in Poland; a great man.

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Barack Obama – well – – he's a gifted orator. And he seems like a really nice guy and a solid family man. Plus he seems pretty smart. And he's not George Bush, I'm told. So there we have it. I guess it's the best they could do this year, eh?

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Don’t Be Disappointed, Tim (by Gary)

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The euro is a non-confirmation of the bull rally.  And if this break (by weekly chart) in the gold-silver ratio (GSR) is real, then the pig is on borrowed time – literally.

Gsr

When gold rises against silver, it will do so along with a firming dollar and draining liquidity.  That would be the same liquidity that feeds the equity bull.

So, is this a breakout?  If the answer is affirmative, then the rally's days are numbered.  This does not mean things will grind to a halt next week, but the market is not going to continue to rise if the GSR does.

I am going to keep this brief, as I know some readers are bumming about the guest spots.  But I wanted to answer TK's post with a look at the GSR, which has not confirmed a breakout – yet.  —Gary