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.
I’m a child of the deep south, and the culture here is no stranger to me. But I’ve been away from it for long enough that visiting Atlanta (not my native Louisiana, but close enough) allows me to have a few strong and swift impressions. I offer these up as naive points and nothing more:
+ Tubby Blubby – I know America isn’t populated with purely svelte people, but honestly, the sheer quantity of morbidly obese people around here dwarfs what I normally see. I guess if so many people are fat, these being obese loses its stigma. Not that I want these poor souls to be walking around hating themselves; it’s just interesting to me that a major metropolitan city with plenty of knowledge floating around about good nutrition is packed with so many porkers.
+ White Like Me – Let me go about this delicately – – – I’m not as surprised at the percentage of black people here, but the lack of them in Palo Alto. I mean, look, Palo Alto is ostensibly a liberal, diverse, sophisticated college town – – but as I’m walking around Atlanta (and keep in mind, this is in a fairly upscale area), the black population makes Palo Alto feel like the most whitebread city on the planet.
+ Jesus! – And, of course, Christianity is far, far, far, farrrrrrrr more pervasive here, in the form of mega-churches, billboards, and everything else. When I picked up my oversized bag at the Delta counter, the woman giving it to me asked me to “Have a blessed day.” Later, I saw an enormous billboard that proclaimed in huge letters: “YOU ARE FORGIVEN!” I then noticed the billboard was for a Ford dealership that offered liberal credit terms, even to those with lousy record. So I guess Mr. Christ doesn’t let a low FICO score foreclose anyone from personal salvation (or a late-model truck from Detroit).
Anyway, I remain here through Sunday. I’ll try my best to stay on top of the wonderful world of Slope in the midst of my familial obligations.
I am making public a premium update for NFTRH subscribers that was emailed and posted here for subscribers a couple days ago. Two reasons… 1) I want you to consider subscribing because I believe NFTRH is the most comprehensive and grounded market management service out there, including in-week updates like this one and a weekend letter loaded with evolving information taking shape in a rational manner, and 2) because there is still very relevant information in this post that I think public readers can benefit from.
To begin, what I perceive as the notable event of the day is that the gold-silver ratio (GSR) has broken out. This was included as part of a public post earlier today. Here is the chart from that post…
I’ve got three laptops sprawled out across the surface of a hotel room table, doing a pretty decent job of keeping my trading world together. I thought I’d just give a general update as to what I’ve been doing today as well as suggest my attitude toward the market: (more…)
In February of 2013 we noted the big fat HEAD on the HUI’s massive H&S pattern. It was reviewed again in April of 2013 after it broke the neckline in a very bearish move. Mr. Fat Head’s technical objective was and is 100.
Why is this being revisited? Because I have gotten a couple emails noting that it is showing up again out there amidst the very bearish backdrop. If anything, if every gold bug on the planet is planning for 100, the ingredient is in place for this final indignity that they are so well prepared for, to maybe not happen.
But a target is a target and it is there for a reason; namely that its source – Mr. Fat Head in this case – has not been eliminated from the picture. Here he is updated… (more…)