Central bankers aren’t exactly known for their great market timing.
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.
Miners Catch Fire
Even though gold isn’t doing anything special today, miners are flying. Indeed, over the course of the past month alone, GDX is up about 30%.
Gold Macro Checkup
The gold mining macro fundamentals that matter are constructive and likely to improve in 2023
Real gold mining macro fundamentals matter. A lot. Here is a list of things that don’t matter, or at least shouldn’t matter when considering a bullish view of the gold stock sector:
(more…)Two-Ply Buck
It’s pretty sad when the currency beating you is the Japanese Yen, whose national debt is even more crushing than ours and whose country peaked in the late 1980s and is now a once-prosperous old age colony.
Why Gold?
If the decades old bubble in paper assets is ending, that’s why gold!
Various promotions along the way of the Continuum have distilled the case for gold down to handy buzz phrases like “got Gold?” as if it were a carton of milk. Other promotions have presented gold as the go-to asset through all types of macro phases, from “fiat is gonna blow up any day now” to “inflation is gonna eat your future” to “a deflationary Armageddon is on the way”.
Yet all along the Continuum, policymakers papered it over, inflated the mess at every crisis as long as the Continuum allowed.*
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