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.

What Beats a Mattress?

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I've got a question for the group.

If one has a six-figure sum of cash they'd rather not be keeping at, oh, let's just say Bank of America, where's a good place to put it?

I was thinking of opening up the proverbial Swiss Bank Account (although I'm afraid that, given what's going on, that's sort of like painting a big red X on your back). And I was thinking of putting a smallish amount into the goldmoney.com site.

The goals are:

  • Safety
  • Liquidity
  • Accessibility

What are your thoughts? I went to my bank just to see about buying Euros, but the bid/ask spread is simply obscene. I'd love to hear efficient ways to put cash into low-risk, safe places.

I’m OK. You’re OK.

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Some might have thought I had taken leave of my senses running around buying up huge long positions. Well, I did. Take leave of my senses, that is. Briefly. But, seriously, those were nothing more than day trades, and I'm safely back in the bearish camp (although I will emphasize that I did trim, and I continue to trim, those positions whose risk/reward I feel has moved against me, thus compelling me to take profits).

I think about 750 on the /ES is a key resistance level.

I still have a lot of charts to examine, but I just wanted to say howdy-do.