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.
Gold is Monetary Value
We preface the post with a statement that has not changed since I began public writing nearly 10 years ago: Gold is not about price; gold is about value. This point was hammered home to me 11 years ago by a person who had much influence upon my viewpoint toward the financial system and its various diseased components at a time when I was ready to listen and understand. (more…)
I was pleased to get this snapshot of breakfast from Europe, where an esteemed Sloper is starting to read my newest book on Kindle. Thank you!
I’ll start by saying I am not bearish on miners; far from it. It’s pretty clear that miners – and, almost certainly, precious metals in general – reached their bottom in December. 2014 is probably going to be a great year for both. However, given the swiftness of the most recent ascent, I wouldn’t be surprised to see profit taking pushing things back, perhaps even down to as low as around $24 where GDX broke out in the first place. Longer-term, though, it’s poised for much higher prices.