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.
Anyone who has been bearish on gold for the last 4 years has been right. They have been right in Euros and though the trend appears to have been gently changing over the last year or two, they have been right in Canada & Aussie (i.e. commodity currencies) dollars as well. Certainly, they have been right that gold as measured in most global stock markets has been (and remains) bearish.
They have also been right in that gold as a hedge against the kind of inflation that global policy makers have promoted non-stop for years now, has utterly failed. And for gold as an insurance and value asset, a small phase like 4 years is like a blip. Yet still, so many people throw their hats into the ring on gold, constantly micro-managing its every twist and turn.
If you’ve ever thought to yourself, “I want to own a Tesla just like TIm, but it’s $1,000 too expensive!“, well, it’s your lucky day.
Tesla sent me this link – http://ts.la/tim6426 – which chops $1,000 off your price. It also just so happens to give me a $1,000 credit toward the Model X I’m impatiently awaiting, so it’s a win/win.
If there’s even one Sloper who does this, this post will have been worthwhile 🙂
Here’s today’s swing-trading watch-list:
Long Whole Foods Market (WFM)
Now that we’re getting a hearty rally, a new opportunity may be revealing itself by way of the emerging markets fund, shown below. There’s a gap at 37.56, which also corresponds nicely with a broken supporting trendline. The closer we get to that price level, the more appealing the risk/reward ratio is.