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.
Ten Year Old Reflection
Tip o’ the hat to LZ for pointing this out, but there is an awfully strong similarity in what’s going on with gold now and what happened about a decade ago. In short: more suckitude ahead.
Fed, Gold, and Market Power
The stock market is very predictable in its Fed obsession
A frustration of dyed in the wool gold bugs is that a debt soaked system moves forward on little more than the confidence that all will remain as it has been. This confidence focuses on the Federal Reserve and it’s ability to inflate the system when needed.
But the flip side of that ‘in the Fed we trust’ mindset is the very real fear instilled in market participants (and implied fear programmed into their machines) when the Fed is forced by the very inflation it created to attempt to destroy its inflated Frankenstein monster at all costs.
“Forced”, you say? Yes, forced I say. From this February 10th post:
(more…)Junior Samples
Just to say something positive for a change – – although gold seems to do little but disappoint me, I at least wanted to mention that the junior miners (symbol GDJX) has a couple of things going for it. One, it tagged the lower bound of is broadening pattern quite nicely, and two, its recent low is a higher low than before, which suggests strength. If it can clear its recent high, maybe we’ve got something substantive going on here.
Gold is About Value
Gold and gold miners have two completely different utilities
Gold is…
A pretty rock that is dug out of the ground. This heavy rock has been assigned value by humans since time immemorial. That value has been its stability as an asset, a refuge from the excesses of rampant speculation, the likes of which often visit stocks (e.g. climaxes in 2000, 2007 and 2022) and sometimes commodities (e.g. 2008, 2011 and 2022). Gold is a good proxy for money, or what money should be. A stable entity retaining value through the up and down cycles over decades and centuries.
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