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.
Gold, silver and the HUI Gold Bugs index are viewed here by their big picture monthly charts. In NFTRH we use mainly daily and weekly charts of these along with individual miners to better gauge the shorter-term pictures, which will advise on the end of the correction better than these more cumbersome monthlies that are great for keeping perspective amid the shorter-term noise.
Our target for gold was 1940, established in April off a daily chart pattern. That target was blown through and as the monthly chart shows, a big picture Cup was formed as it made a higher high right around the time that the Buffett hype signaled the oncoming correction as we noted on August 17th:
I penned a recent post describing how the good people at Zillow had slashed the ostensible value of my lovely private residence from $8.4 million to $4.8 million (maybe they just like flipping digits?) Given the relatively smooth sailing of Zillow data, this was curious to me, until I stumbled upon an event that might have jostled their statistics: the sale of the home of my next door neighbor: