Gold continues to thrive, as it occurs to more and more people that the world’s paper currencies are going to be ultimately worthwhile as a robust toilet paper and little else.
Gold’s Record High
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.
Thank You, SBJ!
There have been many instances at 5 a.m. when I’ve reached down to grab my iPad off the side of the bed, nervous about what I’d see once I fired up the quotes, but this morning had to be one of the three hold-your-breath occasions. I’ve never been so happy to see red in my life, and the ES, NQ, and RTY were all solidly down, prompted, at long last, by the reversal in the USD/JPY juggernaut.
Key Index Gaps
Birds of a Feather
Either/Or Setup on Crypto Here
In the short term there are very clear bull and bear scenarios here on Crypto, clearest on SOLUSD (Solana), though on the bigger picture these are still likely bull flags forming.
In terms of that larger picture, resistance is still at the daily middle bands, and on BTCUSD (Bitcoin) that is currently in the 61,246 area. A sustained break above that likely signals that the move to retest the all time high at 73.8k is in progress.
BTCUSD daily chart:
