As I’ve said, precious metals are the only asset whose ascent I am cheering. Or was cheering, more accurately, since it’s been getting dragged down with all other assets. Silver, for instance, has lost about 15% of its value.
What About Silver?
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.
Seeing Silver
Gold and Silver are kind of like Elon Musk and Kimball Musk. They’re related, but one of them gets almost all the attention. Let’s give Kimball, I mean silver, a bit of screen time.
Here is the Dow Industrials divided by silver futures. Pretty toppy, wouldn’t you say? It this completes, it means lower stocks, higher silver, or both. I’m thinking “both.”
Gold: Lifetime Highs!
Gold Revving to Lifetime Highs
Gold, as most of you know, is one of the few assets whose ascent I consistently cheer. I’m very pleased to see GLD approaching levels never seen before.
Very Long-Term Gold
Let’s get back to the financial markets. Permanently, I think.
I’ve been a bit obsessed with gold, but I wanted to see data beyond just the past couple of decades, so I dug a lot deeper. I have constructed for you some charts from Excel that present over a century’s worth of gold prices. The first one is daily data back to 1968, updated through this week, on a standard arithmetic scale.
