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.
SLV’s M.A. Configuration Very Intriguing
Here's what happened to SLV the last time this M.A. setup took place…….
NASDAQ near Multi-Decade Resistance
GLD is Old, Cold, and Sold
Our kooky precious metals bulls – – not that I don't love 'em, some of my best friends are kooks – must be getting really frustrated. Precious metals have had every reason to rally. The storyline is simple enough to follow: (1) precious metals represent the only true store of value; (2) the US has "printed" up trillions upon trillions of dollars of "money" whose only value is the perceived value of a public accustomed to fiat money (3) the US, like so many countries throughout human history, will see inflation take hold and cause the value of real money to soar.
That storyline seems to have peaked on December 3rd. In spite of so many assets – like equities and energies – continuing the charge relentlessly higher, precious metals have been pretty much a dud. Take note of the trendline for GLD and notice how it has been getting brain damage conking its head against that failed line.
A Couple of Interesting Breakouts
