It’s stone-cold quiet this morning, so let’s focus on my obsession for a moment: precious metals. Over the past week, gold (by way of /GC below) has more or less meandered aimlessly.
Continuous Bifurcation
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.
The Origins of Gold
One Chart to Rule Them All
Long-term palladium divided by the SPY. Simple as that: bullish palladium; bearish equities. Thy will be done.
Holding Pattern
Long-time readers know that a big problem I’ve got in my investment behavior is the inability to hold on to a good position for the long-term, except in cases where it’s inconvenient or bothersome to sell (such as various rental properties I own, my house, my one venture investment, and a safe deposit box full of gold and silver bullion). If I can sell with just a mouse click, I’m afraid I’ve clicked it WAY too many times in my life. Don’t even get me started!
I’m going to try to behave differently with palladium, however, since every ratio chart I look at is screaming BUY and HOLD. One day does not a trend make, but I’ve got to say, this is sailing along nicely so far over the past twenty-four hours.
Pallongium
The latest economic data point was the producer price index, which a month ago came in white hot (probably due to tariffs). Today, however, not only was the former number reduced from 0.9% to 0.7%, but the latest report is actually showing deflation, with a 0.1% drop.
