Daily Archives: December 31, 2013

Five Steps and a Stumble?

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I am preparing to leave on a five-day journey, so I’ll go ahead and deploy this for the first day of the year. I have reached out to a few of the most prolific writers that occasionally contribute to Slope, beseeching them to add content in my absence. I’ll do my best to get their stuff posted in a relatively timely manner before things return to “normal” for me on Monday, January 6th. (more…)

Miners Finally Ready to Rally?

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I came into the day short GLD in a big way, and I covered promptly at the open. I have re-shorted a smaller position, although given gold’s strength, I’m not sure if it’ll get stopped out or not. In any event, the strength of gold¬†miners is especially impressive. I wouldn’t be surprised to see a move take place similar to the one I’ve outlined below (with the final plunge taking place based on my ultimate gold target of $1,100/ounce.