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.
You know things are bad in bear-land when I resort to posting long positions. But, after three weeks of pretty much relentless buying in the face of horrible news, the market seems to be hell-bound determined to push higher.
I therefore offer my long positions broken into three equally long segments. Six, six, six seems an appropriate allocation of these, since long positions in a market like this are straight from Beelzebub. Most of these are strictly bounce plays, whereas two or three are actually legitimately beautifully longs.
The public now hates the fact that it bought into this gold scam. "Damn, if only I could have held out and not gotten so emotional, I would have remained calm and let our dear leaders find a solution instead of buying into this bubble" says the public.
Real gold players know that the above is a necessary ingredient to preparing the ancient relic for the next leg in its bull market. But a key question remains as to gold's technical status. As we have noted all along (since the upside panic last summer) in NFTRH and on occasion here on the blog, gold has needed continued correction as measured in Euros, Loonies and to a lesser degree, Aussie Dollars.