Good Gold Almighty!
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.
Precious Gap
The market started off down hard this morning yet as is so often the case, buyers are pushing their way forward, trying to reverse the tide. Let’s take a moment to hone in one something specific, however: precious metals.
Silver has had, shall we say, a spectacular year. Once more, the metal has reached a new lifetime high (nominally speaking, of course).
Perky Precious
Precious metals had a terrific day, led by silver, which blasted to never-before-seen highs (nominally speaking).
Gold Stocks Resume Rally
Broad Market Shakes Off Mini Correction
Gold stocks rally with the broad market, and continue leading it
The gold stock sector has not been unique since the spring, when it was relatively strong while cyclical markets imploded under the pressure of Tariff mania. However, once the broads got on board the rally theme gold stocks have been part of the party (not unique) and leaders of it.
The GDX/SPY ratio pulled back hard in October, led a pullback in the broad markets, and gold stocks have since recovered leadership after holding the uptrend.
Palladium’s Next Challenge
I’ve written many times about palladium, specifically the PALL fund, which I am long. At this point, the big test is whether it can push past the line just beneath $130.
