And they’re off! Precious metals continue to scream from the rooftops that the U.S. dollar is one-ply toilet paper, as futures scream to never-before-seen levels.
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And Yet They Persisted
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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.
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Fingering Miners
As everyone knows, metals have gone berserk lately. As I’m typing this, my frenemy palladium is up over $200 per ounce (!!!!!!) which is over 11% just in the first 45 minutes of trading. Precious metals mining ETFs like GDX, GDXJ, and SIL (below) are raging higher as well.
The Age of Metals
Happy Boxing Day, everyone! The equity markets are absolutely thrilling pre-market: the S&P 500 futures are up 0.01%, for example. Actually, the only real action is in the world of precious metals, as the debasement trade continues to thrive. What has happened over the past couple of years is jaw-dropping, and like I keep saying, this isn’t happening for no reason. There are fundamental changes taking places that I think won’t be clear until years in the future:
Silver Bells, Silver Bells
I hope Slopers had a nice Christmas. I did. Silver is having an even better Christmas, however, as it continues to blast higher. Good Lord!
It Was Quite a Run……
2025 has been amazing for precious metals, but I think it’s time for a break. My post last night about Palladium turns out to be prescient, since we’ve got a very violent U-turn overnight and an island reversal gap on the daily chart. I think ultimately, we’ll have new highs across the board in the months ahead, but it’s time for a multi-week breather, I’d say.
