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.

China Goes Ape

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Want to read a word salad? This is from the Communist dictatorship of China regarding their “economy“. You might want to have an air sickness bag nearby. Here we go:

“It is necessary to help enterprises tide over difficulties. It is necessary to look at the current economic situation comprehensively, objectively and calmly. Face up to difficulties, strengthen confidence, and effectively enhance the sense of responsibility and urgency to do a good job in economic work.”

You get all that? Feeling OK? I’ll understand if you need to lie down for a while. Anyway, the preceding nonsense was their sweaty-handed explanation about why they’re firehosing TRILLIONS of Yuan into their so-called economy, since their real estate market is collapsing, their equity market peaked years ago, and the only thing they care about besides money – – brutal power over the masses – – is being threatened. Thus, they got out the thesaurus, found all the words they could related to confidence, and let fly with their verbal money shot.

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Golden Kiss Good-Bye

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Every time I mention gold, I hasten to add that it is the one market whose ascent I celebrate and whose asset I’ve owned for a long time. This is probably my get-out-of-jail-free card for being a feckless equity bear for so long. In any event, this morning saw gold reach yet ANOTHER lifetime high, crossing the psychologically important $2700/ounce level for the first time (red rectangle). It was a quick pop ‘n’ drop.

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