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.
He Sure Showed Me!
Considering what a strident contrarian I am, I get a surprisingly small amount of crap from the outside world. On the last day of 2024, I made yet another snarky remark about Bitcoin, and some random replied “You have no idea what’s coming on Jan. 20“. I took the liberty of bookmarking his tweet for later reference.
In fairness, this rando was right-o, because indeed I had no idea what was coming. However, I don’t think what this guy was anticipating was a lifetime peak in $BTC to be following by a sluggish wipeout of about $15,000 per coin. Interestingly, crypto peak pretty much when Trump put his hand somewhere in the vicinity of the Bible.
Sealing the Deal
Just a quick “thank God another holiday is behind us” post to say that, as I’ve mentioned daily, the NVDA gap is crucial. It also happens to be exceptionally close. Here’s the daily chart (which doesn’t include the trading going on pre-market).
Norway Envy
America’s discussion of its own sovereign wealth fund is a pathetic joke, because we’re totally broke. If you’re $36 trillion in debt, the problem you’re faced with isn’t where to put all your sweet, sweet cash (especially into something as idiotic as Bitcoin). Norway, on the other hand, has TONS of cash, thanks to the North Sea oil.
