If gold is doing this amazingly well while the USD is surging, how well is it going to do when it does a U-turn and the USD plunges? Yowzah!
Gold and the Strong Dollar
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 Tuning Fork
Happy New Week, everyone. I was pleased to see silver leaping higher again, but I’ve taken a couple of actions with both the short-term and the long-term in mind.
Better Than the Hot Dog Special!
Back on August 16th, I did one of the weirdest posts here ever, which was to suggest that you should go to Costco and buy as many of their silver coins as you could. I was discouraged at first, since they limited you to 5 packs (20 coins each) at a time, but I soon discovered that the restriction only applied to individual orders. Thus, day after day, I’d just place a new order for $3249.95 to get 100 American Eagle 1 ounce pure silver coins.
I’ve marked with a red circle the place where I did the post. Silver (measured here by SLV) went a little lower a couple of weeks later, but it’s clear now this was a good call, as you would easily pay 25% more for these coins now (and Costco ran out of inventory a LONG time ago, probably partly due to my post!) Anyway, it’s nice to own a bunch of this stuff, and I hope some folks took my suggestion to heart.
Cyclical Macro: “Slowly I Toin…”
The transition to a post-bubble macro continues making progress
When the bubble makers are finally banished, when their policies are shown in the light of day (and of a rebellious bond market) to have been mere macro parlor tricks played against a previously compliant (disinflationary) bond market trend…
