The first is the long-term gold futures continuous contract (symbol /GC) divided by the weekly M2 money supply (symbol FR:WM2NS). Looks long-term bullish to me!(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.
Endless assurances from Powell notwithstanding, allowing me to state yet again that these long-term ratio charts are not exactly screaming “throw your hard-earned cash into the most expensive equities in history”, but quite the opposite:(more…)
I wasn’t watching the market in 2008 as closely as I do today, so I didn’t observe the legendary Volkswagen Short Squeeze in real time. I have been watching the insanity in GameStop (GME), however, and it is jaw-dropping. This is a stock was was less than $3 only nine months ago, and it got up to about $140 this morning based on nothing but squeezing the everlovin’ life out of the bears, led by a merciless /reddit army.(more…)