Double top in XME/GDX (by LZ)
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.
Gold/Copper Ratio Did Not Break Down
The Gold/Copper ratio is intact and indicating risk for the cyclical global macro
We projected a rally to run from Q4, 2022 to or through Q1, 2023. It is technically intact with the Gold/Copper ratio trending down since last summer. What’s more, the global market rally has been led by Doctor Copper and companies that dig Cu out of the ground. So the Gold/Copper ratio has trended down the whole way, even as gold has ground out uptrends vs. some other commodities and stock markets.
(more…)Silver’s Perfect Rejection
A Healthy Gold Stock Correction
Gold stocks pulling back from the overbought risk area
Let’s take a look at a rarity for me; a public article discussing a nominal technical situation rather than bopping you over the head with macro fundamentals and macro indicators. We review technicals in gold stocks and other markets weekly in NFTRH, and not so much publicly because straight TA is the compass we use to navigate what the macro tells us. In other words, it is for subscribers to gain perspective and parameters ahead of time, not for me to regale the public with. But in this article I want to publicly go back to my first love, which is nominal TA (markets, stocks, etc.), which was how I started out longer ago than I care to believe.
(more…)Silver Hits Its Wall
