I don’t know what the problem is. Amazon has never made a dime either, and yet SNAP just can’t seem to join the party.
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.
Reconsidering Gold
I came this close – – THIS close – – to doing a post yesterday in which I offered up again the basis behind being short the gold miners, but my discomfort with seeming capricious got the best of me, so I didn’t. As I look at gold now, down $8.40 as of this typing, I regret not doing so, because renewed strength in the dollar versus the Yen is smacking gold down once more.
Being bearish miners could still be one of the great trades of 2017, but the uncertainty of the USD/JPY is a major player here. We are definitely at a level in which the dollar could recover its losses against the Yen, which would throw a millstone around gold’s neck in a big hurry. I might just re-enter DUST today in an attempt to take advantage of potential miner weakness.
