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.

King Dong

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The world is changing fast, folks. Gold hasn’t blasted THOUSANDS of dollars higher in the past few months just because mankind discovered how to craft it into jewelry. Silver hasn’t blasted HUNDREDS of percent higher in the past few months just because everyone decided to hammer out Ankh-shaped amulets of the stuff in their garage. This is a big deal, and one which my ratio charts telegraphed three years ago.

Last night was no exception, as gold rocketed to – – here come those words again – – a new lifetime high. As I am typing this, /GC is up about $175, well over 3%.

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Rude Awakening

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Thanks to you-know-who, I was awakened at 4 this morning instead of my usual automatic 5:20 circadian rhythm awakening, which completely threw off my sleep schedule. Thus, I woke up at 7:16, which might as well be 2 p.m. considering how I like to run my day. In any case, here I am, and Slope is still humming along.

Besides the wake-up paw-in-my-face, what was also not appreciated was this:

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Amid The Political Drama

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There are plenty of risks in the equity and bond markets this year, and the Greenland drama over the last week has been a good illustration of that. There was a lot of political drama last year and so far this year it seems that might even accelerate.

Next year Donald Trump will probably be a lame duck President without control of the House (very likely) and possibly also the Senate (theoretically possible but unlikely), and that may slow the chaos down, though he will still likely have a lot more power than lame duck Presidents have traditionally wielded.

In my post on Monday 19th December I was looking at a setup for possible new all time highs on SPX, QQQ, DIA and IWM in the Santa rally, and some of that played out over the remainder of December.

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Intel Outside

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Although the monster earnings (AAPL, GOOGL, AMZN, etc.) are next week and the week that follows, we did have one decently worthwhile report after the close Thursday, which was Intel (INTC). As you probably know, Intel has been on a huge tear since August, blasting from about fifteen dollars to more than double that amount. A triple-digit return in a few months is not what one would expect from a tired old has-been like Intel, but there you have it.

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