From a time when I agreed 100% with the man:
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.
I stumbled upon this totally by chance, and it’s mesmerizing. These men didn’t know their conversation was being recorded (it isn’t clear who was doing the bugging), but it is riveting, particularly considering how high the stakes were. The mutual respect is also inspirational.
Before looking at some individual mining prospects, a word about GDX: Consider that NEM and GOLD comprise 21.8% of GDX. These two companies both purchased rival companies is 2019: In January, GOLD acquired Randgold, a $6.5b deal, and in April, NEM purchased its top rival, Goldcorp, for $10b.
If invested in GDX, keep tabs on exploration costs and production of NEM and GOLD to monitor their strength. It is an increasing challenge for them to find new gold to mine economically at the scale and pace their size demands.(more…)
After two solid years of bluster, nonsense, misdirection, lies, and – – just to bring Joe Biden into the picture – – malarkey – – not one single paragraph, sentence, word, or punctuation mark of any kind of China Trade Deal has been signed. The only thing I’ve mentioned more frequently than “There Will Not Be a Deal” is the fact that I’ve said “There Will Not Be a Deal” before. I just want to be clear.
Anyway, over at the NATO fete, the most healthy and ingenious President in U.S. history declared practically within the same breath that things were China were “going very well” (whatever that’s supposed to mean) and that maybe it would make sense to wait until after the election to get a deal done.(more…)