Astronauts onboard the SpaceX Dragon capsule approach the International Space Station on May 31st (photo via SpaceX).(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.
On the one hand………..(more…)
A subscriber’s question spurred what I hope is a timely and helpful response. Excerpted from this week’s edition of Notes From the Rabbit Hole, NFTRH 617:
I want to try to answer a subscriber’s question as clearly as I can because it really does seem to be more confusing than it actually is. It’s always made sense to me but I understand there is a promotion machine out there selling viewpoints and in the gold sector especially, it is often wrong-headed, lazy analysis using tired assumptions.
“I do have a couple of questions that relate to gold/gold miner stocks that I can’t seem to get my head around. No hurry on an answer, just when you get time: From time to time, you have mentioned that inflation would send the gold bugs scurrying for cover. I had always thought that gold would rise during inflationary periods so I can’t seem to get why inflation would not be good for gold. And on the middle ground; how would gold likely act if we experience a prolonged period of stagflation?”
As a follow-up to my post from last week, the biotech fund is indeed pushing toward H&S completion. Rather remarkable, considering everything else going on in the market. It’s also kind of ironic, considering how the latest excitement is about the “breakthrough” Covid therapy. In any case, this is almost reaching the failure zone.
Perhaps it could have been said more elegantly, but I doubt more succinctly. This is from the weekend:(more…)