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.

Bitcoin’s Path

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Assets are all joined at the hip. Gold. Equities. Bitcoin. It’s all the same. They tend to move up and down together. Because of that, crypto merits respect, even if its own wanderings are just an approximation of what equities are doing. Here’s the thing that’s important to remember: in spite of all the lunatic price projections for Bitcoin over the years, the price is lower NOW than it was 41 MONTHS AGO. Yep, buying Bitcoin in April 2021 would have yielded you a loss after all this time.

More germane for the present, BTC has still been engaged in a series of lower highs, which is the very essence of a downtrend (albeit a recent one). Don’t count on BTC to save the day anymore.

Signals for Gold, Stocks, Economy

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Bond Market Yield Curve Returns to Normal?

The financial media appear to once again be leading the public astray about the Yield Curve situation

The media pounded and pounded the yield curve’s inversion as a signal about an imminent economic recession. We have noted again and again that it is not the yield curve flattening to inversion that brings the pain, but instead, the subsequent yield curve steepener and un-inversion. From the September 17 post on the matter:

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