In light of today’s positive economic data out of China, I thought I would reproduce a segment from NFTRH 255 (9.8.13) that speculated upon the possibility of a new up cycle in inflation expectations based in large part on China and its credit growth cycle (on which central planners have announced a planned clampdown). (more…)
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.
ISM, Prices and Gold vs Commodities
US manufacturing expanded again last month as July’s strong pace was maintained in August at 55%+. New orders increased at a healthy rate of nearly 5%, but right along with this prices also increased by 5%. (more…)
Bad Headline of the Day
Gold Above $1,400 on Syria Concerns, Taper Debate
It never ceases; the stupid reasoning they assign to gold’s price movements. Any gold bug pumping you about global political strife and gold is to be tuned out immediately. Any gold bug pumping you about anything even remotely religious is to be tuned out immediately. Any gold bug pumping you about Indian wedding season is to be tuned out immediately. Any gold bug pumping you about gold and this utterly over done ‘taper’ debate crap is to be tuned out immediately. (more…)
Macro Markets Shrug Off Policy Makers
Once again we present the Treasury ‘TICs’ data for China and Japan, most recently available through June. It can be argued that these two countries are the T bond market, when considering the volume in which they deal and their strategic status as heretofore T bond consumers. (more…)
Debt is Being Unwound
The stock market is losing its Ponzified funding mechanism as T Bonds tank…
