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.

Miners Finally Ready to Rally?

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I came into the day short GLD in a big way, and I covered promptly at the open. I have re-shorted a smaller position, although given gold’s strength, I’m not sure if it’ll get stopped out or not. In any event, the strength of gold¬†miners is especially impressive. I wouldn’t be surprised to see a move take place similar to the one I’ve outlined below (with the final plunge taking place based on my ultimate gold target of $1,100/ounce.

1231-gdx

One

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You’ll have to indulge my Nilsson obsession a bit more tonight. One of his amazing songs is below. And here’s a snippet from his bio, which is oh-so-cool:

Because of the poor financial situation of his family, Nilsson worked from an early age, including a job at the Paramount Theatre in Los Angeles. When the Paramount closed in 1960, Nilsson applied for a job at a bank, falsely stating he was a high school graduate on his application (he only completed ninth grade). He had an aptitude for computers, which were beginning to be employed by banks at the time. He performed so well that the bank retained him after discovering the lie about his education. He worked on bank computers at night, and in the daytime pursued his songwriting and singing career.

 

What I’m Looking Forward To in 2014

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This year, as with all years, has had plenty of both good and bad (and I will incidentally pledge to you that I will never, ever, as long as I live, give a post the title “The Good, The Bad, and the Ugly”, since it has to be the most overused, hackneyed, tiresome article titles in human history). But I digress: what I was saying was that 2013 utterly sucked for the bears (which makes it remarkably similar to, oh, 2012, 2011, 2010, and 2009) but was pretty good for The Slope of Hope. (more…)