I hope Slopers had a nice Christmas. I did. Silver is having an even better Christmas, however, as it continues to blast higher. Good Lord!
Silver Bells, Silver Bells
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.
It Was Quite a Run……
2025 has been amazing for precious metals, but I think it’s time for a break. My post last night about Palladium turns out to be prescient, since we’ve got a very violent U-turn overnight and an island reversal gap on the daily chart. I think ultimately, we’ll have new highs across the board in the months ahead, but it’s time for a multi-week breather, I’d say.
Silver to $160?
In my book Panic, Prosperity, and Progress, I dedicated a chapter to the famous Hunt brothers silver squeeze of 1979. I won’t recount it here (buy the book instead!) but suffice it to say that their attempt to corner the market pushed silver from about $6.40 to over $40 in the span of a year. In the end, their attempt would fail, and it would bankrupt one of the richest men in the world.
Pall Joey – Whoosh!
This evening, palladium briefly sold off hard, then just as suddenly, it rocketed higher. As of this moment, it’s up almost $100 per ounce and over 5%, extending what has been a sensational run in my best chart call of the year.
Coffeebar Quip
On Sunday morning, I walked into Coffeebar Menlo Park (home of the $9 to-go coffee), Mishka in hand. I saw that my local precious metals dealer was at his usual place, as he always is on Sunday morning. I walked over to him and congratulated him on a wonderful 2025, and he said, “It’s been good for me, and it’s been great for my clients. But………what’s going to happen next?”
He isn’t the first metals dealer who expressed this sentiment to me. It’s sort of like if you were a person who predicted a terrorist attack on the twin towers for years, and after it finally happened in 2001, you could pat yourself on the back for being correct in your prediction. But – – there’s more to life than just nailing a prediction, right? What does it really mean? What’s next?
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