I’m just about ready to call it a day, but I wanted to mention before shutting down that Bitcoin appears to be pushing above its Fibonacci. In other words, it might be reaching escape velocity here, which suggests perhaps there’s a resumption of the need for a “safe haven“, as it had done a few weeks back when all holy hell broke loose. It could be nothing, but I at least wanted to mention it.
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.
For no particular reason, I was reviewing a list of the worst movies ever made. One I had never heard of was from 1938, and it’s called The Terror of Tiny Town. This must be seen to be believed. Let’s just all agree you would never, ever see this made in the modern age. Ever.
Well here is an interesting one I just stumbled across. I took a look at the ratio chart of gold (continuous contract, long-term) divided by the M2 money supply. It suggests to me gold is in serious trouble. I know there are a lot of gold fanatics here. I share this chart only because – – well – – it’s a chart.
There are some real surprises here, particularly, I must say, Ireland.