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.

Powerful Precious

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If there’s one asset class I’ve been steadfastly bullish about for over a year, it’s precious metals. I’ve mentioned the Slope theme (bullish precious/bearish equities) ad nauseum, and in spite of my completely ham-handed trading with the beast, my enthusiasm for precious metals has been correct.

That’s all the more reason I’m cheering on the latest breakouts – – and the plural is deliberate. We have precious metals miners:

GDX
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PALL Comes into Its Own

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About a year ago, Baby Bear told everyone here that instead of worrying about buying silver at the exactly “right” price, maybe just buy 10% of your intended position every day for a couple of weeks, be done with it, and forget about it. That was sage advice. The “set it and forget it” mentality has worked out well for precious metals bulls.

I’ve been trumpeting palladium (by way of PALL) back when it was about 25% cheaper. I have NOT taken the above advice, instead nibbling here and there on profits along the way. I’d have been much better off just holding the dang thing. But let’s set that aside and focus on palladium itself.

First off, here’s a long-term percentage change chart of silver (blue) versus palladium (black).

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