This is basically how I’ve been feeling about the market for the past six trading days:
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.
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Nvidia’s Crusty Fate
The Director was kind enough to share this cool analog:
In Case A 1987-Style Crash Happens Next
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“.
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