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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.
Like Water for Chocolate
Well, I couldn’t take it anymore. I decided to sell a bunch of my silver bullion for lots of pieces of green paper. There’s only so long I can watch an asset value blow into the stratosphere before I can take money off the table. That was today.
Don’t get me wrong. I’ve got lots of gold, platinum, and SOME silver, just not as much as before. I was kind of teetering as to whether I should pull the trigger (less metaphorically, get into my car with a bunch of metal, drive to my dealer, and sell it to him), but what clinched it for me was when I called my bullion dealer for a price quote. He had to put me on HOLD.
See, I’ve been calling this guy off and on for decades, and that’s never happened. His shop is usually quiet as a library. Today it was unchecked pandemonium. Maybe silver will be $500 an ounce tomorrow, but honestly, this is nuts. It’s time for a serious breather.
(more…)Highlights for Children
Today was a good, profitable day for me, and it feels extra-squishy-good since the market was strong overall (thus, I defied the beast). Below are seven key charts and a few words on each one.
Swatted a Fly
This all the mayhem around rocket stocks, I was tempted to short Firefly Aerospace (FLY) last week based on nothing but its price gap. I confess, I just couldn’t get up the courage. What a shame! Look at that hard reversal.
Garden Noem
I present to you the dramatic versatility of one Ms. Kristi Noem, whose wide-ranging emotions I have captioned for your convenience:
