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.

Brazilian Breakdown

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I’ve been quite prolific lately, so I’m going to take it easy on myself tonight and not do any long post at all. I’ll simply say that the chart of the Brazil ETF, shown below, has broken a trendline, so this is yet another example of a breakdown in the market which, chip by chip, is really starting to wear away.


My own portfolio is 80% committed, with 80 shorts and – – gasp!!! – – one long which is, of course, GDX. We’ll know in a big hurry if I jumped the gun on that one or not!

Gold and Silver as a Macro Sign Post

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The last week has been a fright fest for the gold “community”. But these are the financial markets, not a community. There is a world outside of what ever is going on in gold and silver. A macro economic backdrop filled with entwined and correlated assets and markets all trying to form a message when taken as a whole.

Sure, gold – as a monetary metal – is a big one when it comes to macro indications, but what is really important is the great question that has been ping-ponged about for many years now between intellectuals on either side of the debate; inflation or deflation? (more…)