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.
As the silver CoT report data systematically, almost robotically degraded into the September 2012 top (despite the seemingly bullish coming of QE3) NFTRH used to ask week after week “Who are those guys?” doing its best Butch Cassidy while evaluating the gathering short interest.
Below is the CoT graph from NFTRH 203 dated September 9, 2012. Week after week ‘those guys’ were ganging up on silver and we all know what soon happened; a harsh bear market down leg for the precious metals. (more…)
I’ve got more precious metals than I’ve ever had in my life. There was a little weakness this morning to shake out weak hands, but it looks like we’re going to make a genuinely good effort at piercing that descending trendline, shown below.
NOTE FROM TIM: For those of you who haven’t voted in my poll yet, please do so by clicking here! I really want your input. As for everyone else, I really, really, really appreciate all the comments and emails. I’m going to go through every comment carefully this morning and write up a “Response” post today with my thoughts. But I wanted to get a real post up and get my poll off the top of the blog – – but, again, if you haven’t voted, please do so. Thanks again, everyone!
This article at Hard Assets Investor talks about Jeff Gunlach’s bullish gold call for 2014 and uses Dylan Grice’s 2012 call as an example of how the end of the world (i.e. gold’s safe haven value) can be put on hold indefinitely.
Is Jeff Gundlach’s Bullish Gold Call Too Early?
So is Gundlach wrong today? Grice wasn’t necessarily wrong in 2012. What he called “the largest credit inflation in financial history, a credit hyperinflation” has instead rolled on…taking asset prices higher and crushing interest rates. But it hasn’t, as yet, hit the value of money itself. (more…)
