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.

Friday’s Advance GDP Projections and Gold

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The Advance GDP q/q estimate for Q1 of 2013 is forecast at 3.0%, as shown on the graph below…up from the 0.4% revised data reported for Q4 of 2012…and it is being released on Friday, April 26 at 8:30 am EST.

As you can see, the GDP numbers have been in a downtrend from January of 2010. If such a rise were to occur as forecast, it would penetrate above this trend, but would still lie within the 3-year range. It would take a higher number for the next quarterly report (for Q2) to confirm that the current downtrend has, in fact, been broken. (more…)

Precious Metals Ratios

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With all the action we’ve seen in the precious metals sector, I was wondering if comparing miners to gold, gold to silver, junior miners to regular miners, or any other comparison would create a flash of insight. I’m afraid not. Maybe my mind is too muddled, but after monkeying around with various arithmetic combinations, I have to warn you that this post is flash-free.

I did find the comparison of junior minors to the big boys to be mildly interesting; what we can certainly conclude from this is that as bashed as miners have been, junior miners have been getting uber-bashed. There’s been a flight to quality, as it were, although “quality” in this respect is a relative term. (more…)

Gold Stocks: If Not Now, When?

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That was the question I asked myself after being 100% cash into the last hour yesterday and seeing the bottom fall out on the gold stocks once again. Classic trading methodology teaches that you do not try to catch a falling knife. ‘Screw classic trading methodology’ thought I, ‘I’m taking some positions’, which ended up being in the gold and silver bullion fund CEF (now selling at a discount), a few individual items I consider to be of relative quality and the leveraged NUGT in a high risk trading account. (more…)