Look, I try to be careful when I say anything about Bitcoin, because these HODL freaks make Scientologists look positively sensible. I must share, however, the latest ramblings of these nut-jobs, who actually think speculating on the price of something over a quarter century from now isn’t an abject waste of time. Good God, these people are insane.
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.
Strong-As-Hell Update
Here’s the latest ISM Manufacturing data, illustrating how we’re undoubtedly headed into a massive recession. Incidentally, it doesn’t matter ONE BIT who wins any election. Whoever it is, they’re going to look like feckless buffoons as the economy plungers into the crapper. Is it their fault? Nope. It’s just that the public stupidly associates leadership with massive economic cycles. Americans aren’t that bright, ya’ll.
Right and Huang
Semis could be one of the greatest wipeouts of the decade, led by the laughably overvalued NVDA (which has been on fire due to the even more laughably overvalued AI nonsense). This stock peaked months ago. In 2026, people will look back and laugh at these prices.
Friday Flambe
I am pleased to report that the empty-headed, idiotic, just-because-the-month-is-over rally on Friday has been totally torched. It’s particularly delicious since the permabulls (AKA 99.999999999% of humanity) fell all over themselves in the final minutes of Friday to pay particularly preposterous prices for stocks, which are more overvalued than any time in history. How about 100 days in a row like this? That’d be nice.
Labor Pains
As long-time readers know, I’m no fan of three-day weekends (Juneteenth notwithstanding), and this was no exception. It was particularly irksome since the thinly traded markets decided to tease any surviving bears with a modest sell-off all through Sunday evening, only to have us wake up Monday and watch it march to new recent highs.
