Even though gold isn’t doing anything special today, miners are flying. Indeed, over the course of the past month alone, GDX is up about 30%.
Miners Catch Fire
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.
Progressive Flo(w)
Sometimes I stumble upon a stock which basically does nothing but go up. It’s almost like science fiction, and often the stock is of a company so mundane, so boring, that no one would believe it. I present unto you, Progressive Insurance. (PGR)
Crypto Cracks Up
After weeks of hanging around $28,000, Bitcoin ($BTC) finally broke free to the upside, conquering its Fibonacci resistance level. This is an impressive move.
Why Gold?
If the decades old bubble in paper assets is ending, that’s why gold!
Various promotions along the way of the Continuum have distilled the case for gold down to handy buzz phrases like “got Gold?” as if it were a carton of milk. Other promotions have presented gold as the go-to asset through all types of macro phases, from “fiat is gonna blow up any day now” to “inflation is gonna eat your future” to “a deflationary Armageddon is on the way”.
Yet all along the Continuum, policymakers papered it over, inflated the mess at every crisis as long as the Continuum allowed.*
(more…)S&P 100 ETF Breakout
Yet another victory for the bulls:
