Gold and precious metals miners have been doing great, but one item in particular which looks prime to launch is junior gold miners, shown below with symbol GDXJ.
Juniors Launch
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.
What Gold Says About The Metals Market
Since this article is being addressed to longer term investors, I think you will likely appreciate the message within this write up.
While I analyze the metals markets on many time frames, this perspective is based upon a daily chart which has months to still play out.
(more…)Timber!
Rev can talk about something other than gold? Yes, yes he can… When’s the last time you looked at lumber prices and their implications on interest rates? There’s a correlation? Yes, there is.
First, let’s take a long term look at lumber prices. Below is a ten year chart of lumber prices. From their early 2009 bottom at 137.9, lumber prices rose steadily, but not dramatically for the next few years. However, after their 2015 bottom, lumber would start a three year rise that would culminate in their 2018 blowoff top at 648.5.
(more…)Jobs Lobs. Gold Sold.
Ka-BOOMS!
Doc Copper
Most of you have probably heard about how copper is a good leading indicator of how the economy is going. So much so that it is referred to as “Doctor Copper”. As Investopedia puts it:
(more…)The term Doctor Copper is market lingo for the base metal that is reputed to have a Ph.D. in economics because of its ability to predict turning points in the global economy. Because of copper’s widespread applications in most sectors of the economy — from homes and factories to electronics and power generation and transmission — demand for copper is often viewed as a reliable leading indicator of economic health.
