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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.
Gold Stock Correction and Upcoming Opportunity
Note: I want to take a moment to thank Tim for the opportunity to occasionally post for the Slope audience. It occurs to me that it can get a little robotic as in ‘okay, time now to re-post my article over at SoH’ as if it’s just another function. But the proprietor here has given we guest writers a very nice venue and I think a note of appreciation is in order.
Before updating the status of the gold miner (HUI) correction, let’s take a quick review of the Macrocosm, because it’s always a good time to be clear on important macro considerations.
Follow the Money (by Lee Adler)
Note from Tim: I think I could save myself a lot of time and energy by just publishing really good emails. This is another one I just received from Lee Adler of the Wall Street Examiner – – he has kindly given me permission to share it here with all of you. I have made minor edits for clarity and brevity, plus I’ve added a bunch of goofy pictures to try to keep your attention.
Tim, as I hope you know, I love your work. I was a customer of ProphetCharts many moons ago. And of course, I’ve been syndicating your posts on WSE for a while.
I was somewhat bemused about your Via Mundi post.
I’ve spent the last 19 1/2 years online explaining just how the money gets into the system and how that impacts the markets.
There’s normally only one conduit for monetary policy transmission, except when the Fed goes crazy with alphabet soup programs. But even those are but the pimple on the elephant’s ass compared with its main transmission mechanism.
(more…)I’m. An. Ord. I. Nar. Y. Guy.
No visible means of support and you have not seen nothin’ yet
Everything’s stuck together
And I don’t know what you expect starring into the TV set
Fighting fire with fire
It is a terribly difficult time to be a thinking person. Almost agonizing.
Hey, hold up there, Tim-bo. I’ve been buying stocks, and I’ve been doing great! I’m a thinking person!
No, you’re not. You’re opportunistic. You’re profitable. But you’re not thinking. You’re just in the right place, at the right time, with the right disposition.
I say again: this is a terrible time to be a thinking person. The more stupid you are, the better you’ll do. The more cloying, the better. A sycophant? You’ll thrive.
(more…)Via Mundi
If there’s one consistent reaction the public has to the stock market these days it is confusion. Whether bull or bear, people watching the stock market over the past three months can hardly believe their eyes. Most of them are thrilled, of course, since the so-called market seems to be virtually printing money, even in the face of horrible economic and social problems, but hardly anyone is arguing with it.
For instance, if my house in Palo Alto increased in value 5%, month in and month out, without any apparent rhyme or reason, that would be just fine by me. Would the utility of my house have increased? Would its appearance have improved? Not at all.
It would simply be worth more, and my net worth would increase, while simultaneously those who wanted to own a home in Palo Alto would be farther and farther away from their goal. The wealth disparity – – measured, in this case, in residential housing – – would be getting worse. I’d be happy. Non-home-owners would not.
(more…)