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.

Malcolm X (1 of 3)

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Preface to all three parts: I have thirty equity symbols in my Bear Pen watch list. I am already short twenty-two of them. Below are ten charts, zoomed in to the portion I feel is most germane. I have watermarked each chart with its ticker symbol, and just to add a little something special this weekend, I’ve given a letter grade to each chart to provide, in my estimation, the overall quality of the chart as a short position.

chart grade: A
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Late-Stage Silver & Gold Rally

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An update on the silver and gold rally

There has not been much use writing about the precious metals rally lately because, why add to the noise? The time for making noise was back in the spring when the Gold/Silver ratio topped (Silver/Gold bottomed) and we prepared for a stronger rally in the precious metals, this time led by silver, and also including the wider “inflation trades”. Now we look ahead in a very different way.

Silver

Movie poster for 'Superstar: Dare to Dream' featuring a woman in a schoolgirl outfit and a man in a blazer, both striking a dramatic pose.

Let’s start with the superstar of the rally. Silver has gone vertical and on Wednesday ticked our long-term target of 92. This was based on measurement of the giant, decades-long Cup as the silver price finally broke above the rim in the 50 area and well, boy did it break.

The fundamentals have been broadcast far and wide. These include increasing industrial use in many different areas, from Medical Equipment to Clean Energy (although the solar industry is now seeking to employ less expensive alternative materials).

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