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.

Critical Mineral Exploration

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Manufacturing, Bessent & the Orange Man

Excerpted from the October 12th edition of Notes From the Rabbit Hole, NFTRH 884:

[edit] A reader commented at the Substack version of this article (please subscribe, it’s free) suggesting that I not redact the names of the stocks in question (below) so that readers can measure the value of my “recommendations” before subscribing.

My response: I understand, and agree to a point. That point is one I don’t cross, however. If [NFTRH Premium] subscribers are trying to buy/add to positions, having me blabbing about them is counter-productive. I do not promote at all costs. That’s the next newsletter down the street. As a side note, most of this stuff has already gone up so far that I would not reco buying up here. All I am doing is in some cases adding on pullbacks.

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Future of Mineral Exploration

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Mineral Exploration: 18 years in the desert, the times they are a changin’

[edit] Also reference the September 3 article Junior Mining Basket Case.

The area of mineral exploration has long been cast aside. Whether precious (Gold, Silver) or more economically strategic (Rare Earth, Platinum/Palladium, Uranium, Copper and Nickel, etc.). This area has long been ignored in favor of sexier stuff over any given period during those 18 years. You know, Cloud/SaaS, Solar/EV and most recently, AI. The sexy stuff driven to over-valuation by rolling emotional hysterias. In other words, the stock market.

Gold stocks had been such a cast aside area. Producers, royalties, maturing developers of mines. The whole world appears to be getting in on the play now. But it’s got a lot further to go pending the next real correction. Now, the cat (the price of the HUI Gold Bugs Index) is out of the bag. My long-held target of 500 is history, at least so far on this move.

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Beginning Of The End, But First A Bond Rally

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A recession (and bond rally) is oncoming, but first the stock market has to finish doing what it does…

[Note!] In the time it took to write this post the stock market has rethought its initial celebratory impulse. Interesting. Gold and gold stocks are still fine. But cyclical commodities are not so fine. They are positively correlated to the economy, after all. It will be interesting to see how this plays out. Separately, bonds are doing as they should do.

Wayne? Garth? Tell the nice people what it does.

wayne & garth
Party on!
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A Macro View & Gold’s Place Within It

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The August 31st edition of Notes From the Rabbit Hole went deep into gold, silver and especially the miners this week (to the near exclusion of most other markets), discussing near-term technical probabilities and long-term fundamental views, along with a lot of other “need to know” details on this now booming sector. NFTRH 878 closed with something of a big picture macro/philosophical view before wrapping up with the Portfolios segment.

Big Picture Macro & Precious Metals Bottom Line

It’s a bull market, baby (or per Old Turkey, “it’s a bull market, you know”). Thrills and spills ahead.

But the supporting theme is the new macro and its new rules that we’ve anticipated since the 30yr Treasury yield Continuum broke to the upside in 2022. Since then, the job has been to interpret the implications of this big picture macro trend break, along with other indicators of major change.

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