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.
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.
Hasn’t been much of a week, has it? I remain in a holding pattern, presently with almost 26% cash. I have 20 bearish stock positions (by way of long puts expiring no earlier than June) and a couple of ETF long put positions (SLV and QQQ). We are positioned BEAUTIFULLY right now, and I might load-in all the way Friday as the corrupt investment banks goose the market still higher for OPEX. I continue to embrace the lunatic idea that the next time 380 is challenged, we’re going to break it.
It’s been a sour week so far for the bears, but Burlington Stores (BURL) keeps behaving itself nicely.
