Gold futures have slipped over the psychologically-important $2,000/ounce level, and GLD is zipping higher nicely this morning.
![](https://slopeofhope.com/wp-content/uploads/2023/11/slopechart_GLD-640x343.jpg)
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 futures have slipped over the psychologically-important $2,000/ounce level, and GLD is zipping higher nicely this morning.
First off, watch this dork, at least for as long as you can. I’ll assume maybe seven seconds or so…….
For the first time in 67 trading sessions, the market is actually down a little bit, which should prompt some George Floyd-level riots if it’s allowed to continue for more than another hour or so. In any case, it’s nice to see the bulls losing 0.0000001% of their ill-gotten gains this year:
Normally I don’t bother with the topic of so-called progressive politics, particularly as they relate to the closest big city in my area (San Francisco), but I read something so irksome I’ve just got to share it. It is a piece called The Dream Keeper which outlines in nauseating detail how the morons and thieves in charge of the fair city of San Francisco usurped $120 million in police funds into a variety of virtue-signaling garbage grift schemes. The entire impetus for doing so was immediately following the Floyd, umm, “murder“, which is an event that I sincerely believe impacted the nation negatively to the tune of trillions, yes, trillions, of dollars in societal harm.
These days, my own blend of politics are kind of homeless (although there are flickers of hope, as I’ve mentioned), but, honestly, reading this kind of article (which I encourage you to do as well) makes me wince. Since the article is excellent, I won’t butcher it with a summary, but allow me to pluck out some of the absolute nonsensical drivel that’s foisted upon us normal, non-insane people by the kinds of wingnuts that are involved in these kinds of government scams. Brace yourself…………
(more…)