It’s not like I was quiet about it………gold and silver broke their trendlines weeks ago, and the entire sector is a total train wreck. Do you want a “store of value“? Go to WalMart.
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.
My PLUS (AKA Slope GOLD) post for subscribers last week, on the 7th, must have been the timeliest of the year. Emerging markets have been absolutely falling to pieces, and after yesterday’s ridiculous, meaningless bounce-back rally, things are the proper color again: Red.
I’m getting a very late start this morning, so here are a few ETF charts I think merit observation. First is the oil and gas explorers, which is on the cusp of an important breakdown. This morning’s crude oil inventory report will abort this breakdown or get it rolling.