I wrote two posts over the weekend in my Brave New World series. There will be at least two more in the series but they’re very time-consuming to write so it might be a few weeks before the next one, which will most likely be looking at the big picture on bonds. The links to the series so far are below: (more…)
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.
A Soft Yen For Copper
In my last post, I saw possible chart-based turning points for the dollar and its component currencies, but bemoaned the lack of commercial positions data (except for the Yen) to support such an event. And as usual, the data overruled the charts and the dollar continued to work its way up and take the Euro, Pound and Yen down with it.
Ironically, where the commercial positions data did show a large long Yen position, the Yen did not go down to the extremes of the Euro and Pound. The lesson learned is the supporting data can turn a pure guess at a chart formation into a high probability trade or the heeding the lack of supporting data can avoid a costly mistake of taking a low probability trade. Now the question is where do the high probability trade opportunities exist this week due to significant commercial positions and supporting charts? (more…)
The ECAT Revolution
Well, to be entirely honest… not yet. It may take several years, probably 10 or 20 at least, before we can say adieu to today’s most used sources of energy, but there is a new kid on the block new in the energy field.
Some of you may have heard, as of lately, about the resurgence of the so called ‘cold-fusion’ and also ‘LENR’ (Low Energy Nuclear Reaction) experiments, in other words all those studies aimed to develop clean and non-radioactive energies that are somehow generated simply by exercising some sort of action on the atomic structure of certain materials (i.e. palladium, deuterium, nickel, etc.). You may remember the famous story of Pons and Fleischmann, many years ago, claiming they had obtained something in that direction, but then their theory crumbled miserably when other scientist tried to reproduce the effect in their labs. (more…)
Gold Gets Hammered Again
Fellow Slopers,
In our post on Saturday, we looked at how a hedge on GLD from last quarter reacted as the gold ETF tanked on Friday. This post includes an updated look at that hedge as of intraday Monday, as well as a couple of current ways GLD investors could hedge on Monday. Incidentally, for those who missed Saturday’s post, I recommend reading the comments there by Sloper extraordinaire Market Sniper and Tim Knight. (more…)
More Weak Economic Data – Commodities/Equities Decline
I’d have to say that continuing weak economic data had not been priced into either commodities or equities, as evidenced by today’s (Monday’s) drop, so far.
No doubt, any large players who were long Gold and other commodities will be forced to dump their equity holdings to cover losses. (more…)
