By Biiwii
For your viewing pleasure, some pictures that readers of this site and NFTRH.com have been aware of for some time now and NFTRH subscribers are repeatedly kept aware of (whether they like it or not).
Gold is not just another metal…
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.
Microcosm Expanding
NFTRH 353 introduced the idea of a Macrocosm, a planetary representation of elements that need to come into place for a real investment stance on the gold stock sector (as opposed to the imagined elements cooked up by perma-bulls over the last few years). The Macrocosm idea came to me when the gold sector was acting firmly counter-cyclical on a day that most other markets were suffering. Then it happened again.
US Stock Market Mini Update
Reviewing the US stock market picture from a few different angles…
NFTRH been using the Equity Put/Call ratio to gauge pressure on the US stock market for all of 2015. Many people think that anxiety indicators like this and the VIX are contrary indicators (i.e. when they spike you buy the fear in the markets, which often does work well) but when smoothing out CPCE using a moving average (weekly EMA 20 in this case) you get a trend.
The market benefited over long stretches from the calm atmosphere and the down trend in put buying vs. call buying. One explanation is that the market felt safe in mommy and daddy’s arms (Bernanke and Yellen, amidst ‘peak confidence’ in the Fed with a side of Goldilocks).
Peak Oil? Peak Stocks?
By Biiwii
Are Stocks the Next Oil (or Uranium, Copper, Silver)?
See: Oil collapse couldn’t come at a worse time for industry
See: 2007, when everyone was convinced of ‘Peak Oil’ and there were websites named ‘Peak Oil’, ‘Oil Drum’, etc. constantly reinforcing the mania.
I remember being away on business one day in 2007, with nothing better to do in my hotel room than watch the congressional debates about ‘peak oil’ and what to do about the evil speculators that were driving prices up. I enjoy watching a good mania as much as the next guy. I realized that what we were seeing was ‘Peak Hysteria’ with respect to this phenomenon. I thought, ‘Yup, Prechter’s right’.
Is Japan’s Inflation Failing?
By Biiwii
We begin with NFTRH.com’s post from July 16 noting the message I got from a former associate (from my previous life as a manufacturer)…
“Just an update for you, some disturbing news has leaked out this week. Machine tool builders have put out blow out [lists] to all sales persons in the USA, not sure if world wide. Mori Seiki list has 600 to 700 machines on it WOW!!! never have i heard of such a huge list by any one Builder. Not sure what they see coming but it can’t be good.”
My comment from that post: “Mori is a big builder and when the big builders start blowing out it goes right down the food chain.”
