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.

One-Edged Sword

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Things are seldom what they seem,
Skim milk masquerades as cream;
Highlows pass as patent leathers;
Jackdaws strut in peacock’s feathers. – H.M.S. Pinafore

It turns out the Brexit was just about the worst thing that could have happened to the bears. On the night it happened, I was ecstatic. I thought, finally, “this is it” – – a real turning point. Nope! The bounce emboldened the bulls, and they have been slicing bear throats ever since.

Virtually every day has brought more disappointment. My “tripod” of 2016 – BULLISH bonds, BULLISH precious metals, BEARISH equities – has been pretty much “2 out of 3” all year. Bonds are at lifetime highs, gold and silver are strong, but equities………curse them…….keep lurching to levels never before seen in human history.