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.

The Golden Volcano

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Did you feel that?  The earth is rumbling.  I can feel it beneath my feet.  Over the past couple weeks, gold saw a significant breakout. 

After consolidating a base for the past six years, gold’s breakout has a measured move target of $1,683.  There is a large volume by price gap between here and there, so we could get there rapidly.

Looking at the long term twenty year chart, we can notice a couple takeaways.  First, the bull market in gold at the beginning of the century lasted from 2001-2011.  The bear market in gold lasted from 2011-2015.  I would suggest with this month’s breakout, we have begun a new bull market in gold that will run from 2016-?

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