Observant Slopers may have noticed a new icon on the lower right corner of the site.

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.
As powerful as metals have been for so many months, one of the few ETFs that hasn’t achieved lifewtime highs has been the junior miners (GDXJ) whose peak was way back in 2011. It looks like that’s another record which is very close to falling away!


This won’t be as long of a post as I usually do since all I’ve basically been watching is Bitcoin. What I’ve been seeing lately is continuing resistance and large drop potential for a couple reasons. First, the headlines are constantly showing some new analyst saying higher and higher ridiculous targets for Bitcoin (at least ridiculous to me).
Some have been less ridiculous, but all have the same common denominator in that the “next bull run is just around the corner”. Well, when I hear that, I look at the chart and ask, “if it’s just around the corner, why isn’t it starting yet?” I am ever the Bitcoin permabear so this line of thinking should not be a surprise. Anyway, key levels which may determine short-term and medium-term direction are both very very close, hence the name of this post.
(more…)In case there’s any uncertainty how much the world thinks of the unhinged chaos the world is being thrown into, take a glance a little metal I like to call silver. Its futures contracts are up almost 7% and, once again, is at prices never seen before.
