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.

G3 Plummet

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Just about the only good thing about today’s ridiculous “trade talks going well” horseshit is that I got out of my December options positions yesterday, since I really don’t like getting so close to expiration. One hero for the day, however, is GIII Apparel Group, which is having a nice 12% tumble. I’ve shown this one many times; the broken long-term trendline was the key.

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Mining Prospects (by Violet)

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Before looking at some individual mining prospects, a word about GDX: Consider that NEM and GOLD comprise 21.8% of GDX. These two companies both purchased rival companies is 2019: In January, GOLD acquired Randgold, a $6.5b deal, and in April, NEM purchased its top rival, Goldcorp, for $10b.

If invested in GDX, keep tabs on exploration costs and production of NEM and GOLD to monitor their strength. It is an increasing challenge for them to find new gold to mine economically at the scale and pace their size demands.

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