“Stagflation or Deflation?”; one will come first
As the Fed’s Michael Barr notes, tariffs will put upward pressure on prices of items subject to said tariffs. You can tap the image to read the article.
Stagflation or Deflation?
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.
Meme Coins: The Ultimate Racket
Bitcoin a “Price” Speculation, Gold Enduring “Value”
“Meme Coins are the stuff of late-stage bubbles” -Captain Obvious
Disclaimer of bias: I have viewed Bitcoin and Crypto in general as a speculation to varying degrees from day 1. NFT? Well as soon as NFT/Crypto drones started liking, following and glad-handing me due to the NFTrh (@NFTRHgt) on what was thenTwitter simply because of three letters in the abbreviated name of my service (Notes From the Rabbit Hole), my Scam-O-Meter red-lined and broke. “Meme Coins”? Well, I told you my Scam-O-Meter broke so I’ll use my B/S Detector instead to take a look at the Crypto sphere vs. gold.
Crypto and especially its speculative outer edges are logical components of the massive array of investments and speculations alike that have been exponentially boosted by the decades-long bubble in monetary and fiscal policies designed to inflate asset prices at all costs. Fed and government, working the same angle from different sides of the street.
(more…)Gold Stock Correction on Cue
Bull Market Far from Over
The gold stock correction was needed, is healthy and will provide opportunity
Let’s not belabor the point; the gold stock correction came as implied – and frankly, as needed – with several indicators of excessive counter-cyclical sentiment driving broad stocks down and gold stocks up.
That’s the bad news in the short-term (good news, if prepared). Beyond the short-term, the better news is that we are very likely seeing an upward adjustment in over-bearish broad sentiment as the stock market continues upward (also as anticipated).
(more…)Unwrapping Trump’s Claims
…..That Contracting GDP is Biden’s Fault
Trump is not all wrong about who is at fault for contracting GDP, but he’s plenty wrong too
Where do we start?
(more…)Silver Fades the SMA 50
Silver Fades the SMA 50, Silver/Gold Ratio Still in Dive Bomb Mode
The Silver/Gold ratio remains extremely depressed as nominal silver slips its 50 day moving average
No reversal yet in the Silver/Gold ratio (ref. A Reversal in the Silver/Gold Ratio Would Be the Trigger). In fact, quite the contrary as the ratio looks to start its 5th day fading after a spike last week.
That in itself is not a big deal. It’s a normal consolidation of the spike. But the nominal silver price, which had been conspicuously strong above its SMA 50 (blue) despite the correction in gold and the miners, is slipping said SMA 50 this morning, pre-US open.
If that is an indication of things to come, the sector correction should continue and other areas in commodities/resources could come under renewed pressure.
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