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.
[edit] Post veers at little at the end, may require a couple reads…
[edit2] Attn: Subscribers, material dovetails with market analysis in #318
[edit3] Charts are quite large; click for full size
MarketWatch announces that the US stock market is back to the ‘real’ highs of the last secular bull market, prior to the dot.com/tech bubble blow out. Here is the Dow adjusted for CPI, finally paying back investors after a 14 year debit in ‘real’ terms.
Draghi Speaks the Truth; ECB Will ‘Do What it Must’
Words are important. This is not just a headline, it is a reality…
Draghi says ECB will ‘do what it must’ on asset buying to lift inflation
Not ‘do what it thinks would be the best course for the European economy’, not ‘choose the path of least resistance in guiding the financial system to recovery’… the ECB will DO WHAT IT MUST.
As I have written til I’m blue in the face for the last 10 years, we are in the age of ‘Inflation onDemand‘©, 24/7 and 365. “…do what it must”… let that sink in for a moment.
Japan is trying to kill the Yen, China is dropping interest rates and the world over we have a rolling inflationary operation that is little more than a game of Whack-a-Mole. BoJ popped up a couple weeks ago and now this one… (more…)
I hesitated to post this because it puts an actual person up for ridicule, as opposed to the usual stuff I write about the “gold generals” or ‘stock market touts and trend followers’, etc. A reader sent along an email containing this link (and its very bearish current view of gold) and the video below.
Daniela (Aug. 24, 2011): “…this [Fed’s Op/Twist.] would create a bullish gold scenario?”
Puru: “Absolutely…”
also… “on the cusp of a massive uptrend in gold…” (more…)
“History shows again and again how nature points out the folly of man” –Blue Oyster Cult, Godzilla
I would have written off the gold sector long ago in its ongoing bear market had I thought for one moment that gold’s utility as insurance against the acts of monetary madmen/women in high places had been compromised in any way. On the contrary, the monetary metal is simply having its price marked down in a bear market while its value, especially given its current price and all that has gone on in the financial system over the last 3 years remains just fine.
Indeed gold, an element dug out of the ground for centuries, once as money and now as a marker to sound money systems will one day be shown to be a calm oasis from the fallout to global monetary shenanigans currently ongoing. At least it would be an oasis to those who have valued it as such. It is going to feel like a giant dinosaur (minus the kitsch value) ripping through a city built on paper to the multitudes who have taken the bait on the current too big to fail global inflationary operations. They will fail. Timing is the only question. (more…)
Below is a summary of some of the aspects we follow in NFTRH to gauge a future investment stance on the gold sector. It is much more complex than simply hearing dogma that seems to make sense and then holding on for dear life…
Inflation
The hype is dying. 10 years of inflation hysterics have gone down the drain even as global policy makers pull out inflationary bazookas and use them at the slightest hint of economic trouble. The BoJ’s recent action was just the latest and most striking in its timing. Global markets were bouncing within correction mode and the Yen had just pinged a key resistance level. The BoJ then blew the Yen up with policy designed to at once reward risk takers and asset holders and mercilessly punish the Japanese people, renowned for the ethic of saving. (more…)
