A year ago, almost to the day, I did a premium post called simply Five Miners which, unsurprisingly, was a bullish post about five precious metals miners.

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.
A year ago, almost to the day, I did a premium post called simply Five Miners which, unsurprisingly, was a bullish post about five precious metals miners.

My, shall we say, mixed feelings with respect to precious metals found a way to express itself late yesterday as I entered a very large short position against GDX (almost as big as my original PALL position). It’s heartening to see this going the right way.

Gold’s strength isn’t a one day, one week, or one month thing. The king of precious metals has outperformed equities over every meaningful time horizon. If the media presented the stock market in real money terms (that is to say, gold) the interest in the stock market would be 10% of what it is today, because people would realize that stocks peaked in late 1999 and haven’t revisited those highs since!

Well, Slopers, the founder of this site has once again proved his nature of “Amazing Chartist/Horrible Trader” by scaring himself out of the amazing PALL position (palladium) once more. Yesterday, for no logical reason, but based only on spooking myself that precious metals had gone up so much and surely would fall soon, I dumped my entire PALL position at a nice profit (arrow marks exit). Let’s just say the nice profit got a lot nicer. As I’m typing these words, Palladium is up about $100 more just overnight. Jesus, I’m dumb. So, so, dumb.
