My endless yammering about precious metals which started last year is paying off.
Precious on Fire
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.
We Have Lift-Off!
Probably my best trading idea of 2025 has been palladium. I had never even considered this metal for decades before, but it’s looking better almost every day. Sadly, as with silver, I’ve tried to get in and out of these things at the “right” times, but I’d have been vastly better off if I just, Ron Ponpeil style, “set it and forget it.” Suffice it to say, the base has completed beautifully.
I, Me, Mine
Dust-Up
It’s time to do my only physical activity of the day and pat myself on the back.
Yesterday, just before the opening bell, I wrote a post called Dust to Dust in which I declared two insane things: (1) I was going to dump the entirety of my PALL position and take profits, in spite of its strength (2) I was going to defy the entire global precious metals rally and short the miners.
We’re only an hour into the new trading day, so it’s a little early to erect a statue, but the last two times I sold PALL (red arrows) the timing seems pretty decent.
Dust to Dust
Hey, did anyone mention perhaps palladium as a good investment? It continues to do great. But I’ve got to level with you: I am delighted with the profits from this trade, but I’m a total wimp. Thus, I’ve taken the profits off the table and will wait to see if the happy day comes when we get another dip. I am thrilled with the ascent of precious metals, but good grief, they can’t go up EVERY day, right?
