I give plenty of attention to gold and silver, but rarely mention palladium, another precious metal. It has certainly been a laggard, but looking at the long-term /PA contract, it looks like it has a real chance to join the party.
Palladium Power
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.
Silver Bells
For a while last year, I became almost single-mindedly obsessed with silver. I’ve got to say, I wish it had remained so, since just buying SLV and kicking my feet up would have saved a lot of thought and tension! In a more positive light, my endless yammering about silver as a long position has turned out to be a good disposition.
Miners Curl Lower
On this very rough day for equity bears, there’s just one “First Buddy” for me, which is GDX, my gold miners short. Over the course of the past half year, gold has generally done great, but it seems to have reached a peak in April (around the time that equities were wrapping up their final freak-out) and has been engaged in a series of lower highs since then.
Silver Breaks Out
Even though gold is barely budging right now, its younger brother silver is having a grand old time, blasting 4% higher and enjoying the power of a very long base that it has been building up.
Miners Break Out
Gold is having a fantastic day, up over $80 as of this composition, but to my eyes, silver is the real breakout, because it’s been lagging gold so dreadfully. Today, it blew past its minor price gap and looks like it could resume an honest-to-God rally and catch up with its fancier big brother.
