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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.
CPI Bull-Fest
The latest completely-made-up and watered-down inflation numbers came out, and they are, surprise, surprise, exactly as anticipated. We’ve become like China in that respect: a number is “supposed” to be certain level (let’s say: Real Inflation divided by 10) and then, oh mah garsh, the official number is the same.
The $4 Salad
Gold is a Counter-Cyclical Anchor
As inflation signals moderate and Goldilocks gets pumped, gold is forecasting something more virulent for Q4 – H1, 2025
While this is not an article about gold mining, it is an article about the counter-cyclical economic backdrop ahead that gold is forecasting, and a reminder that the gold mining industry is counter-cyclical and due to leverage gold’s macro relationships in a way that it could not during long inflationary trends.
Since projecting a Goldilocks (inflation not too hot or cold, but just right) flavored market recovery to be led by Tech/Growth stocks well over a year ago that is exactly what came about, with an interruption by the recent bump up in macro inflation signaling, which we also anticipated in advance (due to Treasury yields bottoming and various inflation signals beginning to percolate). But that was expected to be counter the trend toward an interim deflationary liquidity problem for the markets.
(more…)Sweet sweetgreen
A classic Slope long idea continues to thrive. I eat here twice a week, so that’s bound to help:
