I know there’s a lot of excitement about silver breaking out (see SLV below)……
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 Busts Out!
Miners Cut Loose
Gold has been doing great (which I celebrate, not only because I own a bunch but also because it represents a knitting needle thrust into the eyeballs of central bankers). Miners have, at long last, confirmed this move, with both GDX and GDXJ blasting past resistance levels. Huzzah!
Miners Rejected Again!
Update on Gold Ratios
Updating gold ratios to other markets using associated ETFs
Sure, gold is a pretty and heavy object that people fall in love with (and express their love with). But it is also a primary market indicator here in NFTRH land. When it rises vs. cyclical ‘risk’ markets it implies rising risk in those markets. When it rises vs. inflation sensitive markets, it implies waning inflationary pressure. Generally, when gold rises in relation to markets and assets positively correlated to the economy, the indication is for a counter-cycle, an economic contraction.
Here’s the most recent snapshot by daily charts.
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