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.
Don’t Trust The Bottom Line
Buffett Buys a Copper Stock!
Just kidding. Warren Buffett’s Berkshire Hathaway may or may not own copper stocks. I did not dig deep enough to find out. For the purposes of this post it does not matter.
With the Buffett Buys a Gold Stock! hysterics last summer, the subsequent (and inevitable) fallout and the Buffett Pukes a Gold Stock! resolution, you never know. It’s worth asking the question about what sort of investors are now true-believing in copper and the industrial metals where once upon a time last summer gold was the object of affection.
Look, the contrarian dynamics in play now are 180° from where they were last spring, coming out of the deflationary crash, when we first started to get a handle on and act upon the coming inflation aimed at reflating the economy. NFTRH has used a lot of indicators, starting then and continuing today to be on the right (inflationary) side of this macro dynamic. With all due respect and foresight about macro decision points to come, we remain on the inflationary side today.
(more…)Permafrost
Long-time readers know how fond I am of metaphors and analogs. I have one to offer today, and it has to do with permafrost.
The Effect of Asset Inflation on Man-in-the-Moon Marigolds
A bicycle ride gave me some clarity, and I wanted to share those thoughts with you now. And the clarity wasn’t a total accident. I was going to run an errand on my bike, and I told myself as I got on, “I’m going to think about asset inflation on this ride.” In this absurdly controlled market, one has to strive to create decent content, so I decided to put my mind to work.
So I took off. I love my neighborhood. I took a few moments of video on my bike to show how pleasant it is. Just block after block of this: