Good Lord, it’s the end of the week already! It seems to have flown back in the blink of an eye. I actually like weekends even less now, because I’m having such a ball with this market.
Live at The Palladium
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.
Supercharged Silver
Silver has been climbing strongly, albeit awkwardly, higher for years at this point. What’s particularly interesting to me is how the volume of the PSLV ETF has been pulsing higher as well. My relationship with silver is, let’s say, complicated, but I’m still a bull and a booster!
Metal Crash
Remember the XME/GDX ratio chart I’ve shown you about eight million times for the past year? It’s doing beautifully.
2001: A Historical Odyssey For Gold Stocks
One chart shows the details of an important historical analog for gold stocks
Through many years of frustration among gold bugs due to the failure of gold stock prices to leverage the gold price in a positive way, there were very clear reasons for that failure. Reasons why it was not only logical, but probable that gold stocks would continue to under-perform vs. their product.
The primary driver to gold stock under-performance was a new era of ever more monetary (Fed) and fiscal (Government) policy meddling that began in 2001 and probably blew off in the inflationary panic of 2020. I called it the “Age of Inflation on Demand“.
(more…)Revaluing Gold Reserves & Paying Debt?
What a Concept!
If the whispers of revaluing the US gold reserves prove true, it could be an instant boon to the peoples’ (currently debt-addled) asset base
Per the article’s comments, a reader asks how a revaluation of gold helps pay down debt unless you sell the gold? My answer: “I am not talking about paying down debt by selling gold. I am talking about paying down debt after addressing government waste. Two separate things; debt and the peoples’ assets (including gold). I should have made that clearer, I guess.”
This article is written by someone who has been no fan of Trump. I spent 4 years criticizing his first term presidency (as I did Biden’s in a different way). * Whether you love him or hate him, this article simply focuses on a couple of economically important areas and policies currently being floated.
(more…)