The fact I am bullish gold isn’t news. I wanted to offer up five charts to buttress my point-of-view. I’ve said a few words about each in the caption area.(more…)
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.
Take THAT, NASDAQ!!
Ha! After eleven years of a central-bank-fueled market, the one-two punch of a worldwide pandemic and AAPL withdrawal of guidance was just what the bears needed to destroy this market! BWA HA HA! Oh, wait……(more…)
Step on the Gas and Wipe That Tear Away
My latest musical obsession – – a penultimate version of one of the great musical sequences ever recorded:
The darlings at the Federal Reserve did, for a little while, attempt a feeble effort at “normalization” by selling off some of their trillions of dollars of assets, but of course the weak-willed and utterly amoral Jerome Powell abandoned that effort. Take careful note of this chart. As you can see, the assets held will soon cross into new record territory.(more…)
If I may pat myself on the back, my identification of the trendline touch for KBE was spot-on. Score 1 point for the pure bearish spirit, and negative 1 for the hideous ogre Abby Joseph Cohen, the Medusa of the modern age.