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.
Enterprise Party: Non-Stop
Where I’ve Done Best Today
Simple – – – my GDX and GLD shorts.
I know I've flip-flopped on precious metals here on the blog more times than I can count, but my core belief – – the risks of being squished by Gary aside – – is that the precious metals hype is akin to the NASDAQ hype of early 2000. Everyone is breathlessly rushing around talking about gold going to $10,000 per ounce or more. Their reasons (fiat money, inflation, etc., etc.) sound rational, but when I see gold bulls featured on the cover of the New York Times, I really have to wonder.
In any case, on a day like this when everything else is up, the gold bugs must be really ticked off, because anything that shines is acting like a pig.
So Shines a Good Deed in a Weary World
Since I'm a complete sentimental mush-pie, the following is one of my favorite movie scenes of all time. But there's a trading-oriented reason I am showing you this, which I'll mention later today.