Thanks to the Bank of Japan, I got pretty much no sleep at all last night. As you all know, they announced that they would be printing up nearly a trillion dollars a year, with no stated end-date, for the purpose of buying up their own government’s bonds as well as equities, both domestic and abroad. The currency wars are in full swing, and we have truly lurched into a new level of insanity. My bearishness on precious metals and crude oil (and their producers) is the only silver lining right now.
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.
The One That Got Away
Full-Scale Retreat
Well, for the 8,398th time in a row, the BTFD crowd has been proved correct. The “full-scale invasion” of Ukraine that prompted a cataclysmic, earth-shattering collapse of 8 points on the ES is now completely retracing.
Two Thousand
Why We Fight
Days like today are tough. Really, really, really tough.
It’s not just that the market is moving higher. Hell, if you’re not used to it by now, you’ll never be used to it. We’ve been living in the “up” world for five and a half years now.
It’s a combination of things………. (more…)




