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.

Despite Obvious Signs of Recovery, Inflation Marches On

By -

Despite obvious signs of economic recovery, including the brisk demand for 'big ticket' machine tools as noted on the blog yesterday, seasonally and non-seasonally adjusted jobless claims improving, a constructive Silver-Gold Ratio (SGR, chart below), implying improving general market liquidity with SGR's proximity to major support that NFTRH has been following for the last couple of months; despite these positive signs Ben Bernanke and the US Fed hold resolutely to a cautious view of the US economy.  As part of this resolution, they have committed to hold rates near zero until late 2014.  Huh?  What gives?  Will this not create inflation?