Slope of Hope Blog Posts

This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.

Bully Boys

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I spent Friday evening thumbing through the index charts, and I’m afraid I will offer the same overall conclusion I had a couple of weeks ago: specifically, that the markets were poised to blast off. Mercifully for the one or two bears left on the planet, the last time I speculated about this possibility, Turkey, and then China, shook things up. However, this brief resurgence of trade war fears was swiftly abated, and most index stand, once again, at the doorstep of yet another big push higher.

Looking first at the Major Market Index, it has the same characteristics as everything else I am seeing: (a) higher lows; (b) selloffs that are increasingly shallow; (c) a well-formed base. This index is a bit different than most since it is so much lower than its own lifetime highs, but the base is potent nonetheless.

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What Gold Is Not

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I was reading a post by Martin Armstrong called…

Gold and the Changing Fundamentals

…and in it he published a question from an email sent by a reader:

“Mr. Armstrong; You are obviously the person worth listening to when it comes to gold. Every fundamental these people have argued to support gold has proven completely false. Confusion in gold is really very high. You have to be really stupid at this point to listen to this nonsense. Can you express any opinion on gold?”

“These people” the emailer is talking about are obviously the gold “community” at large and the “gold analyst” (ha ha ha, gold analyst; hi, I am a gold analyst; I analyze a piece of rock that does nothing whatsoever) community in particular. First of all, anyone who belongs to a community is already implicitly sworn in as biased. Secondly, a gold analyst is just another term for gold-obsessed idealist who really wants you to be obsessed with it too.

Don’t get me wrong. There are a lot of market and gold mining analysts very much worth their salt. Within a market analyst’s analysis there is gold analysis, just as there is tin, hogs, corn and global equities analysis. Within a mining analyst’s work is the ability to help us pick real companies in which to invest and avoid the plentiful scams out there. I have two who I trust through our long-term relationships; Inca Kola News (IKN) and a personal contact who is not public (although I think he should be). You should either do intensive fundamental work or have access to reputable sources for it. (more…)

To Err Is Human

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I finally finished my final run-through of the last book I ever plan to write. Even though I had a bunch of Slopers do copyediting, and they found hundreds of errors – – I still managed to find another fifty that all of them missed! And, I’m quite sure, there are still errors lingering, but I think it’s just about as good as I can get it for now. I’m sick of this damned thing! Anyway………it’s coming soon.