Viewing the gold price in a vacuum, some may think there is a bubble in gold, but that is far from the case
The gold price is, after all, doing this…
A Bubble In Gold? Hardly!
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.
2001: A Historical Odyssey For Gold Stocks
One chart shows the details of an important historical analog for gold stocks
Through many years of frustration among gold bugs due to the failure of gold stock prices to leverage the gold price in a positive way, there were very clear reasons for that failure. Reasons why it was not only logical, but probable that gold stocks would continue to under-perform vs. their product.
The primary driver to gold stock under-performance was a new era of ever more monetary (Fed) and fiscal (Government) policy meddling that began in 2001 and probably blew off in the inflationary panic of 2020. I called it the “Age of Inflation on Demand“.
(more…)Revaluing Gold Reserves & Paying Debt?
What a Concept!
If the whispers of revaluing the US gold reserves prove true, it could be an instant boon to the peoples’ (currently debt-addled) asset base
Per the article’s comments, a reader asks how a revaluation of gold helps pay down debt unless you sell the gold? My answer: “I am not talking about paying down debt by selling gold. I am talking about paying down debt after addressing government waste. Two separate things; debt and the peoples’ assets (including gold). I should have made that clearer, I guess.”
This article is written by someone who has been no fan of Trump. I spent 4 years criticizing his first term presidency (as I did Biden’s in a different way). * Whether you love him or hate him, this article simply focuses on a couple of economically important areas and policies currently being floated.
(more…)Age of Inflation on Demand
Excerpted from the January 26 edition of Notes From the Rabbit Hole, NFTRH 846
NFTRH 846 went much further off the normal path than this excerpt, as its writer was almost unconsciously caught up in the process of properly defining the current Macro, which by extension will help us properly set strategies for 2025 and beyond.
It takes a lot of deep and ongoing work, not guessing or bias-promoting. We do this work in order to end up right on the big swings when the time is right, and to be right along the way in the interim. Charting and stock picking are fun, but only after the real work is done.
(more…)Contrarian Pivot?
The stock market’s trends are up, but a contrarian pivot point is likely on the horizon
Excerpted from the January 19 edition of Notes From the Rabbit Hole, NFTRH 845
As an intro to this fundamentally bearish article, I would like to state that strictly as a technical analyst, I have a bullish view of the US stock market. There can be no other view for a TA, given the firm uptrends. But from the macro-fundamental side of things, danger signals aplenty manifested in 2024, into the new year.
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