Slope of Hope Blog Posts

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It Was a Dive Bombing, Not a Carpet Bombing

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I went out in the afternoon with gold screaming upward on COVID-19 hysteria. I see something like that and I mentally prepare for the “volatility violence” we talked about in last weekend’s edition of NFTRH (#591).

Maybe some of you old hats like me remember the last bull market, from 2001 to 2008. Yes, of course you do. Massive attacks on gold were routine, and they seemed to come at highly sensitive times for another manipulated asset class, stocks. How on earth can you calm the herds down and tend them back into stocks if gold is flying around way up there signaling ‘all’s not well!’?