I’ve taken profits on some banking shorts (BNS, PRU), moved more heavily into cash (about 20%) and am getting more aggressively against precious metals (as my Gold/Platinum folks know).
Shorting the Miners
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.
CBs and Gold
Double top in XME/GDX (by LZ)
Gold/Copper Ratio Did Not Break Down
The Gold/Copper ratio is intact and indicating risk for the cyclical global macro
We projected a rally to run from Q4, 2022 to or through Q1, 2023. It is technically intact with the Gold/Copper ratio trending down since last summer. What’s more, the global market rally has been led by Doctor Copper and companies that dig Cu out of the ground. So the Gold/Copper ratio has trended down the whole way, even as gold has ground out uptrends vs. some other commodities and stock markets.
(more…)Silver’s Perfect Rejection
