Yes, yes, I know, Bitcoin had a great run from 2009 to 2019. There’s no doubt about it. But let’s focus on the past few years, in light of gold’s fantastic performance this year:
Physical Beats Digital
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.
Signals for Gold, Stocks, Economy
Bond Market Yield Curve Returns to Normal?
The financial media appear to once again be leading the public astray about the Yield Curve situation
The media pounded and pounded the yield curve’s inversion as a signal about an imminent economic recession. We have noted again and again that it is not the yield curve flattening to inversion that brings the pain, but instead, the subsequent yield curve steepener and un-inversion. From the September 17 post on the matter:
(more…)PTSD Friday
Good morning, everyone. That’s not something I would have typed yesterday, and given my experience twenty-hours ago, I was bracing myself for God-knows-what this morning. For the moment, at least, everything is down (ever, ever, so slightly) as we’ve been during a very slow burn all night long leading up to this massive OpEx day.
Next Up: $2700
It seems to me the precious metals rally is getting pretty long in the tooth. Don’t get me wrong – – I’m a precious metals booster! – – but the steady series of higher highs and higher lows that has been transpiring for many months now is due for a “higher low” awfully soon.
ETF Focus: Precious Metals
It was another terrific week for precious metals, an asset whose strength I applaud. Here we see GLD escaped from its ascending price channel and seems to have slapped on its turbo boosters.
