I own a lot of gold, but I’m mad at myself, because I felt very bullish about gold on March 4th and did nothing about it. Nothing! Since then, it has been a sensation. If this thing can please, please, please get back to $2100 or so, I promise to gobble it up!
(more…)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.
Countries for Old Men
The Wisdom of the Bonds
“Bonds aren’t buying it.” You hear that sometimes, since the bonds markets have historically been considered substantially wiser and more forward-looking than equity markets, and there are instances when bonds are saying one thing and stocks the other. That’s going on now, with bonds weakening (which flies in the face of the narrative that interest rates will be dropping and thus propelling stocks higher). The net change since early December has been just about zero, which should scare stocks.
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