After gold suffered its $200 plunge in recent days, it’s good to see it dusting itself off and maintain its bullish base. Please take note of the surge in volume in recent weeks.

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After gold suffered its $200 plunge in recent days, it’s good to see it dusting itself off and maintain its bullish base. Please take note of the surge in volume in recent weeks.

Forget the charts. Forget the market. Set aside the P & L. Let’s talk about censorship.
In my experience as the proprietor of this little corner of the web, I have found there are about three levels of push-back that I receive.
The first, rarest level is from Slopers themselves. This is an extremely liberal (in the classic sense) and tolerant bunch. It’s a pretty free-wheeling place here on Slope. As such, if there is ever a time when I get scolded by folks here, I know I’ve seriously crossed the line.
I actually think it’s only happened once, which is when I – – heaven help me – – urinated on a giant poster of Janet Yellen and posted the video. For some peculiar reason, a few people found this in bad taste, and I quickly deleted the post. In the nearly 17 years of Slope’s existence, I think that’s the only time that I’ve censored myself, after I realized that, OK, yeah, I guess there ARE limits. (Hey, it could have been worse.)
(more…)Good morning, everyone, and happy new week to you.
The equity futures were red for a while, with the /ES falling about 30 points, but through the wee hours of the morning, that got burned off and the /ES actually even went green. I mean, with absolutely no sign of peace, WW3 being threatened, and Boeing airplanes dropping from the sky once more, what else would you expect?
