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.

Proven Wrong, Academics Take 3rd Stab at Gold

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Harvey & Erb, they of the Golden Dilemma, once again promote a story that only an academic would stick to years after being proven wrong

They back, ole’ Harvey and Erb. First there was the Golden Dilemma in 2012, where they predicted $800 for the gold price (it made a low of 1046 in 2015) based in part on its lack of effective inflation utility (well, they were at least half right, sort of).

Then came the Golden Constant as I highlighted in 2019. Again applying faulty assumptions from the rarefied air of academia, they state:

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Before the Crash

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Here’s a fun clip from a program I watched as a kid, Wall Street Week. This was recorded the Friday before Black Monday in 1987. The panelists, naturally, all speak of how the bull market isn’t over. Indeed, Martin Zweig expected “a violent rally early next week” (which he totally nailed, except for the rally part). In any case, some things never change, particularly when it comes to Wall Street shills endlessly telling the people to just buy, buy, buy.