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.
On Thursday, this headline caught my eye:
Let that sink in for a moment. People in this country, most of them in their late teens or early twenties, borrowed over one-fifth of a trillion dollars. That money went into the pockets of educational enterprises (with fat administrative salaries, tenured professor paychecks, and God knows what else). The people who borrowed the money blew off the debts. And now those stupid enough to be responsible are stuck holding the bag.
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Looks like my idea to short the cruise liners back on February 6th has worked out pretty well. After all, who wants to sit on a giant floating hotel with a bunch of obese people spreading viruses?
No, no. Not the Chairman. That was totally uncalled for. Who said that? I’m talking about gold. Which, I believe, I’ve mentioned ad nauseum as one of only two assets (the other being bonds) which I love on the long side.
It’s looks terrific from any perspective, whether it’s daily……….
With a week left to go, just so’s ya know, the rest of February is dead quiet – – at least as for scheduled events. Who knows what surprises are in store. Click the image for a more readable view.
