Gold is pretty boring, but it is gaining strength.
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.
Yield Curve Inverts; Gold Awaits
Yield Curve inverts deeper than August, 2019
Like the larger media this tiny little spec within the media reports the news to you. The 10yr-2yr yield curve has inverted (ref. Yield Curve inversion upcoming). Now, what does it mean?
Well the first thing it usually means is not to panic (especially now that High Yield credit spreads are easing), but do tune out the media hype about it because it is not the inversion that tends to signal an economic bust but instead, the steepening that follows it. Among the important questions are how long will it remain inverted and how deep will the inversion go before the next steepener?
(more…)Mining Quintet
Gold, and the miners of it, seem to be stabilizing nicely, and I wanted to offer these five charts of individual gold miners as long ideas. I have deliberately included the volume pane, since in some instances the pick-up in volume in recent months has been substantial.
Land of the Rising Gold
Most of you know that just about the only thing that got “nuked’ with the Ukraine conflict was safe haven commodities, such as gold, which lost $200 per ounce in short order.
ETF Focus: Metals
Preface to all eight parts: The stock market from January 4 through early February 24th was like an action movie. The market from late February 24th through March 25th was like watching the end credits roll. Perhaps we’ll see an other sea change soon, but regardless, I have grouped together a few similar ETFs and have put remarks in the caption area.
