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.

Half the Gold Reserves

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Almost half of the global gold reserves are controlled by just 10 countries and institutions, according to a new study. The study reveals that the U.S. is far ahead of other countries in terms of gold reserves, even well above countries like Russia, whose central bank has been a buyer of gold for quite some time.

Buy Shares reports 49.37% of global gold reserves are held by nine countries and the International Monetary Fund. Total global gold reserves amount to about 1.85 billion ounces, and the top 10 countries and institutions are holding about 913.29 million ounces.

The U.S. is in first place with 286.87 million ounces, amounting to 15.5% of global gold reserves. Germany is in second place with 188.63 million ounces of the yellow metal, or 6.4% of the total supply.

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Automatic Gap Detector

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Hey, hey! Ho, ho! Non-SlopeCharts have got to go!

Yes, indeed. Yet another improvement, folks. And this is one you’re all going to love: it’s an automatic gap detector. I haven’t thought of a spiffy name for it, so there ya go.

The Price Gaps feature can be located in the Display menu of SlopeCharts. This is an automatic way of highlighting price gaps that occur on any kind of price chart.

riceGaps
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FICC Short Gamma

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One firm rakes more money trading energy in three-months then this entire industry 90th percentile in one year, it’s Goldman Sachs. For us Goldman FICC unmitigated success in the energy is the ultimate expression of the systemic dollar-at-risk entrenched in the long-gamma commodity firms and trade finance world.

Goldman’s Model

Goldman banks/deals with the solid counterparty, manage their risks, and then trade the insights 1/4 sec ahead of the earnings or physical in the finish line.

Goldman uses few or no working-capital.

Goldman commodity traders raked in $1 billion after positioning for april’s oil market collapse from Simon Jacques

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The Street Where I Live

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Since I’ve managed to wade into the waters of politics and religion in the past without mortal harm, let me up the ante and go where no one sensible has gone before…………race. Fellow Sloper TNRevolution has a much longer (and better) post than this one waiting in the wings, but I’ll probably publish that one Thursday afternoon.

This has obviously been a big topic in this country since, oh, about 1620, as well as quite recently. I’d like to comment on it by way of a personal experience. I’d like to use this to offer an idea about a distinction I see between prejudice and bigotry.

For all its progressive pretense, Palo Alto is no saint. It wasn’t that long ago that there was a specific street in my otherwise very rich neighborhood where the black people were expected to live. There’s was nothing subtle about it. It was the one black street of Crescent Park. That’s where I live.

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