The right triangle pattern for OUNZ (an amalgam of gold and silver) gave the all-clear signal to this big rally.
More Bounce to the Ounce
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.
On Gold’s Breakout
Ever Closer
I preach the ratio charts every day. The patterns aren’t complete yet, but my GOD they are getting close, especially this first one:
Nailed Silver Target!
The post title speaks for itself: my long-held price target for the physical silver ETF PSLV has been achieved. Huzzah!! My target for SLV itself has just a little more to go.
A Macro View & Gold’s Place Within It
The August 31st edition of Notes From the Rabbit Hole went deep into gold, silver and especially the miners this week (to the near exclusion of most other markets), discussing near-term technical probabilities and long-term fundamental views, along with a lot of other “need to know” details on this now booming sector. NFTRH 878 closed with something of a big picture macro/philosophical view before wrapping up with the Portfolios segment.
Big Picture Macro & Precious Metals Bottom Line
It’s a bull market, baby (or per Old Turkey, “it’s a bull market, you know”). Thrills and spills ahead.
But the supporting theme is the new macro and its new rules that we’ve anticipated since the 30yr Treasury yield Continuum broke to the upside in 2022. Since then, the job has been to interpret the implications of this big picture macro trend break, along with other indicators of major change.
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