That’s the theme. Plain as can be. The ratio charts make it clear to see.

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.
Not trying to turn Slope into a metals website (promise!) but one other item I learned this week is an ETF symbol OUNZ which has the interesting twist that, upon request, they will deliver to you the physical gold that you own if you so choose. Here’s a link with information about the product (I have no affiliation).

This is going to be an odd post, but perhaps helpful to some of you. I’ve a fan of owning physical precious metals (both silver AND gold), and from time to time I’ve gone to Costco (of all places) to keep adding to my silver. I’m not sure why, but Costco’s price has DROPPED. I suspect they will correct eventually, but moments ago I placed this order (they only let you buy five 20-coin packs at a time):

Gold continues to thrive, as it occurs to more and more people that the world’s paper currencies are going to be ultimately worthwhile as a robust toilet paper and little else.

There have been many instances at 5 a.m. when I’ve reached down to grab my iPad off the side of the bed, nervous about what I’d see once I fired up the quotes, but this morning had to be one of the three hold-your-breath occasions. I’ve never been so happy to see red in my life, and the ES, NQ, and RTY were all solidly down, prompted, at long last, by the reversal in the USD/JPY juggernaut.
