Sloper LZ wrote to me and offered to share these charts with the group with the message that “Does that 2008 top look like the current top? If the analog holds, it screams deflation is coming.” Thank you, LZ!
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.
From May 27th through June 8th, the market was absolutely stuck in the muck. Tick after tick, hour after hour, and day after day, the market just kept grinding away, driving bulls and bears equally mad. Until, of course, that glorious June 9th and June 10th plunge, followed by a few more days of bear domination, all of which sadly terminated on June 16th, which feels like about nine years ago.
The exact same thing has been happening lately, in exactly the same place.(more…)
Check out what salary you need to buy a house these days. The highest one is San Jose, and take it from someone who lives in Palo Alto, you DON’T want to live in San Jose.
Since this market seems impossible to hold down for more than a few moments, let’s direct our attention to the animal spirits of crypto to see what they’re saying.
We begin with Ethereum:(more…)