Even though precious metals have absolutely sucked out loud since, oh, about the year 2011, I’m going to give them just one more chance. I just bought a bunch of GLD based on this support level.
Precious Support?
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.
Come to Butthead……..
Quite a bounce this morning, eh? I’m not worried. Just waiting.
Emerging Bounce?
I’d say a big risk for the bears right now is the prospect of the emerging markets bouncing off their major Fibonacci Retracement levels. I don’t WANT this to happen, but I’m guessing the market doesn’t care.
Currency Superstar!
Who would’ve guessed it? The Ruble!!! Maybe there’s something to while whole “tie a currency to hard commodities” thing after all, huh?!?!?
Natural Gas Aflame
On a totally different topic, folks. Brace yourself. That Satanic Anti-Christ known as Jerome Hayden Powell is about to do his work. Be strong. I’ll see you on the other side.
